Exam (elaborations)
NPMA CPPS PRACTICE TEST
- Course
- Institution
NPMA CPPS PRACTICE TEST
[Show more]
Content preview
NPMA PROPERTY MANAGEMENT CPPS EXAMProperty Management - Answers-The exercise of a restraining or governing influence
over the acquisition , use , and disposition of personal property
Property control function names - Answers-Property control, Asset Management, fixed-
asset accounting, inventory control, material
PMO - Answers-Property Management Office
PMO responsibilities - Answers-The establishment and maintenance of a property
control system
PMO responsibilities - Answers-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.
Property Control System - Answers-comprised of
Primary difference between accountability and responsibility - Answers-A
Who is accountable for the property - Answers-To whom are you accountable for the
property
Transfer of Accountability - Answers-
Transfers - Answers-not always physical, require approval, approval record is part of
historical file and audit trail
Transfer between contracts - Answers-both releasing and gaining agency verify
accuracy
Responsibility - Answers-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.
It is possible to be responsible for the property
What does responsibility mean - Answers-to be answerable for a trust or obligation.
Effective Property Control System - Answers-Provides a mechansim through whic an
org can define and plan for its property needs and be able to acquire, manage, and
dispose of property to meet them in a cost effective and efficient manner
PMO primary responsibilities - Answers-ensures assets are controlled, maintained,
protected, preserved
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 GEEKA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
82215 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now