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Exam (elaborations)

CPPS Module 2 Questions and Answers. (100% Verified Answers)

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  • CPPS
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  • CPPS

Movement - ANSWERS-The act or process of moving, a change of place or position, the physical relocation of property from one area to another. Movement - ANSWERS-Effectively tracking throughout the life cycle is on of the most challenging aspects. Movement - ANSWERS-Record location must be upd...

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  • September 6, 2023
  • 3
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • CPPS
  • CPPS
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IMORA
CPPS Module 2 Questions and Answers.
(100% Verified Answers)

Movement - ANSWERS-The act or process of moving, a change of place or position,
the physical relocation of property from one area to another.

Movement - ANSWERS-Effectively tracking throughout the life cycle is on of the most
challenging aspects.

Movement - ANSWERS-Record location must be updated following the movement of an
asset and the documentation retained in the property record.

Off-Site - ANSWERS-Property control policies and procedures must be specific
regarding the conditions under which use is authorized, what responsibility the asset
user assumes by taking an asset, and any use limitations that are placed on the
equipment. Off-site location must be reflected in the property records.

Off-Site - ANSWERS-Property must be returned within one week unless an extended
time period is specifically approved; at the time of the organization wide inventory, all
property must be returned to its authorized location so that it can be accounted for by
physical inventory; subject to recall at any time

Property Movement Documents - ANSWERS-Transfer and Accountability Form, Hand
Receipt, Equipment Log-Out Form, Electronic or Automated Property Pass Systems

Shipping - ANSWERS-1)Movement from one geographical are to another 2) originator
responsible for packaging, packing, preservation, and marking of any shipment 3)
Property Manager responsible for determining applicability of applicable laws 4)
shipping documents must accompany the shipment 5) laws may apply to hazardous
materials 6) system of receipt notification is established to ensure completed shipments
7) responsibility rests with the shipper (unless legally indicated otherwise) 8) shipments
made via licensed Interstate Commerce Commission (IIC) burden of liability is places
with carrier

Maintenance - ANSWERS-The act of maintaining to keep in an existing state or
preserve from failure of decline, something that maintains, the upkeep of property or
equipment.

Property Management - ANSWERS-While not responsible for the maintenance of
equipment, must ensure that all compliance requirements are met from a property
perspective.

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