NPMA Property Management CPPS Exam with correct Answers

Property Management - Answer- The exercise of a restraining or governing influence over the acquisition , use , and disposition of personal property Property control function names - Answer- Property control, Asset Management, fixed-asset accounting, inventory control, material PMO - Answer- Property Management Office 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. PMO responsibilities - Answer- The establishment and maintenance of a property control system Property Control System - Answer- comprised of Primary difference between accountability and responsibility - Answer- A Who is accountable for the property - Answer- To whom are you accountable for the property