CPPS EXAM CHAPTERS 1-11 STUDY
QUESTIONS 2025| BRANDNEW ACTUAL EXAM
WITH 100% VERIFIED QUESTIONS AND
CORRECT ANSWERS| GUARANTEED VALUE
PACK| ACE YOUR GRADES.
Property Management is not considered a core business function; but
rather a key component of the business process. ( 1-1)
TRUE or FALSE - Correct Answer-FALSE
Establishing and maintaining of a property control system is also the
responsiblity of the: (1-2)
____ OPMO
____ PMO
____ PA
____ PMF - Correct Answer-PMO
Which three of the following are key elements of property accountability?
(1-2)
____ Provider
, Page |2
_____ Records Management
_____ Recipient
_____ Specific penalties in case of default - Correct Answer--Provider
-Recipient
-Specific penalties in case of default
When accountability shifts from one entity to another it is called a: (1-3)
______ Transfer of accountability
______ Internal transfer
______ Transfer of custody
______Ownershiptransfer - Correct Answer-Transfer of accountability
The Property Control System is comprised of written policies, procedures,
operational guidelines and related records as well as the management
information system (MIS) that facilitates performing those functions. (1-4)
TRUE or FALSE - Correct Answer-TRUE
The PMO must ensure that assets owned by the organization for which the
they are accountable are adequately controlled, protected, preserved and
maintained to maximize their: (1-4)
____ Aadequate security and longevity