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CPPS - Study Guide with correct answers
Preview 4 out of 107 pages
- Maximize return of Investment - Facilitate Compliance - Maximize reutilization - Depreciation expense Answer Benefits of an Effective Property Function Other names of Property Accounting Answer - Fixed asset accounting - Inventory Control - Material/Property Control Three key concepts of Property Management Answer - Ownership - Accountability - Responsibility Records Answer - Crucial element of Property Control Management Begin during acqusition process, continues through every related transaction to include protection, preservation, utilization, maintenance and disposition Answer Records Cornerstone of effective Property Control Answer Communication
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