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NPMA Property Management CPPS Exam /Questions And Answers (A+)
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NPMA Property Management CPPS Exam /Questions And Answers (A+)
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NPMA Property Management CPPS Exam 2023-2024 /Questions And Answers (A+)
Quiz :Property Management - Answer :The exercise of a restraining or
governing influence over the acquisition , use , and disposition of personal
property
Quiz :Property control function names - Answer :Property control, Asset
Management, fixed-asset accounting, inventory control, material
Quiz :PMO - Answer :Property Management Office
Quiz :PMO responsibilities - Answer :establishing, guiding, managing, and
maintaining an efficient property system, communicating effectively with other
departments and functions, and developing and presenting training in subjects
relating to property.
Quiz :PMO responsibilities - Answer :The establishment and maintenance of a
property control system
Quiz :Property Control System - Answer :comprised of
Quiz :Primary difference between accountability and responsibility -
Answer :A
Quiz :Who is accountable for the property - Answer :To whom are you
accountable for the property
Quiz :Transfer of Accountability - Answer :
Quiz :Transfers - Answer :not always physical, require approval, approval
record is part of historical file and audit trail
Quiz :Transfer between contracts - Answer :both releasing and gaining agency
verify accuracy
Quiz :Responsibility - Answer :Means to be answerable for a trust or
obligation
-If you have a car, loaned it to someone, they dont own, but are answerable to
you. (Gas, accident, etc). So it is a trust, and they are answerable.
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