Exam (elaborations)
NPMA Property Management CPPS Exam /Questions And Answers (A+)
- Course
- Institution
NPMA Property Management CPPS Exam /Questions And Answers (A+)
[Show more]
Seller
Follow
HELLENAH
Reviews received
Content preview
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.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller HELLENAH. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78291 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now