Cpps module 1 exam - Study guides, Class notes & Summaries

Accountability - To possess and have use of the property of another with delegated duties and responsibilities, subject to penalty in case of default. Note those "accountable do not have legal or rightful title to the property. Ownership - Having legal or rightful title to property. Responsibility - To be answerable for a trust or obligation. Two key decisions when defining the "control" population of property within an organization. - 1. What will be controlled 2. To what level of deta...

Accountability - To possess and have use of the property of another with delegated duties and responsibilities, subject to penalty in case of default. Note those "accountable do not have legal or rightful title to the property. Ownership - Having legal or rightful title to property. Responsibility - To be answerable for a trust or obligation. Two key decisions when defining the "control" population of property within an organization. - 1. What will be controlled 2. To what level of deta...

CPPS Module 2 Exam Questions and Answers 2024 Movement - Answer- The act or process of moving, a change of place or position, the physical relocation of property from one area to another. Movement - Answer- Effectively tracking throughout the life cycle is on of the most challenging aspects. Movement - Answer- Record location must be updated following the movement of an asset and the documentation retained in the property record. Off-Site - Answer- Property control policies and procedures...

Accountability To possess and have use of the property of another with delegated duties and responsibilities, subject to penalty in case of default. Note those "accountable do not have legal or rightful title to the property. Ownership Having legal or rightful title to property. Responsibility To be answerable for a trust or obligation. Two key decisions when defining the "control" population of property within an organization. 1. What will be controlled 2. To what le...

CPPS Module 1 Chapter 1 Property Management Exam

CPPS Module 2 Exam Questions and Answers Shipping - Answer-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 (unles...

CPPS Module 1 Exam

Accountability To possess and have use of the property of another with delegated duties and responsibilities, subject to penalty in case of default. Note those "accountable do not have legal or rightful title to the property. Ownership Having legal or rightful title to property. Responsibility To be answerable for a trust or obligation. Two key decisions when defining the "control" population of property within an organization. 1. What will be controlled 2. To what le...

CPPS - Module 1, Chapter 1 Property Management Exam with 100% Correct Answers 2023