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NPMA CPPS Practice Test Exam Questions & Answers.

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NPMA CPPS Practice Test Exam Questions & Answers.

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  • 7 août 2024
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NPMA CPPS Practice Test Exam Questions
& Answers

What is the document most organizations use that describes and conveys the process
o o o o o o o o o o o o


steps taken to produce a desired result? - answer-Procedure
o o o o o o o o o




Which of the following terms means "to possess and have use of property of another
o o o o o o o o o o o o o o


with delegated responsibilities"? - answer-Accountability
o o o o o




What element is crucial to the entire process of the property control system? - answer-
o o o o o o o o o o o o o o


Records

When does the Acquisition begin? - answer-Needs have been defined
o o o o o o o o o




What is the first step of the approval process when making a purchase? - answer-
o o o o o o o o o o o o o o


Obtaining approval to spend budgeted organizational funds
o o o o o o




3. When a decision has been made to buy new equipment, considerations should be
o o o o o o o o o o o o o


decided, such as: immediate availability, extended service warranties, and _________.
o o o o o o o o o o


- answer-Advanced technology
o o o




When a Purchase Order has been completed, Purchasing should provide a copy of the
o o o o o o o o o o o o o


Purchase Order to property management, the originator, accounts payable, and what
o o o o o o o o o o o


other department? - answer-Receiving
o o o o




What establishes delegation of authority for signature approval thresholds and types of
o o o o o o o o o o o


property for those signature levels? - answer-Organization procedure
o o o o o o o o




In organizations having online financial systems, documentation is created electronically
o o o o o o o o o


oand is retained in the system's transaction history. It is often used as part of a three-
o o o o o o o o o o o o o o o o


way match of transactions prior to payment: the PO, the receiving documentation, and
o o o o o o o o o o o o


othe ___________. - answer-Invoice
o o o




A ________________________ provides receiving activity information as well as a way
o o o o o o o o o o


to trace items that are lost or misappropriated during the receiving process or during
o o o o o o o o o o o o o o


delivery from the receiving area. - answer-Receiving voucher log
o o o o o o o o o




What is a disadvantage of centralized receiving? - answer-Slower turn-around time for
o o o o o o o o o o o


deliveries
o

, What information is NOT typically recorded in a receiving voucher log? - answer-
o o o o o o o o o o o o


Purchasing department order date and cost o o o o o




Why is it important that the Receiving department inspect for damage? - answer-
o o o o o o o o o o o o


Provide information for a potential return of the item to the vendor
o o o o o o o o o o o




What is one accomplishment by tagging of new, incoming property? - answer-
o o o o o o o o o o o


Establishes the official record for that item
o o o o o o




Types of property that generally require serialized tags are: - answer-Government
o o o o o o o o o o


property sensitive property
o o o




Reasons accountable property is tagged because of its sensitivity, requirement for
o o o o o o o o o o


control and what? - answer-Dollar value
o o o o o o




What does the accuracy of bar-code technology depend on? - answer-The accuracy of
o o o o o o o o o o o o


the data capturing process
o o o o




Assets acquired by the subcontractor must be tagged in accordance with the
o o o o o o o o o o o


_____________ policies and procedures unless otherwise specified in the subcontract
o o o o o o o o o o


award document. - answer-Prime contractor's
o o o o o




What is the method of inventory and distribution that moves the oldest items in storage
o o o o o o o o o o o o o o


to the location where they will be used first (i.e. there is concern that the items may
o o o o o o o o o o o o o o o o o


have a limited shelf-life)? - answer-FIFO
o o o o o o




Warehouse operations include several integrated functions, including: - answer-Space
o o o o o o o o


allocation
o




What does using proper temperature and humidity controls in a warehouse environment
o o o o o o o o o o o


help ensure? - answer-Does not deteriorate when being stored
o o o o o o o o o




Just-in-time (JIT) delivery has both advantages and disadvantages. What is one
o o o o o o o o o o


DISADVANTAGE? - answer-Increases the costs of purchased goods
o o o o o o o o




Which of these is NOT a factor that should be considered when deciding on the
o o o o o o o o o o o o o o


appropriate layout of a warehouse? - answer-Acquisition method
o o o o o o o o


of items
o o




When should property that has been taken offsite for approved use be returned? -
o o o o o o o o o o o o o


answer-During the physical inventory
o o o o




What is the name of the movement document used to track the short-term movement of
o o o o o o o o o o o o o o


equipment that may be used by multiple users? - answer-Equipment log-out form
o o o o o o o o o o o o

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