NPMA CPPS Practice Test with Verified Answers| 100% Correct| Grade A+

What is the document most organizations use that describes and conveys the process steps taken to produce a desired result? - Procedure Which of the following terms means "to possess and have use of property of another with delegated responsibilities"? - Accountability What element is crucial to the entire process of the property control system? - Records When does the Acquisition begin? - Needs have been defined What is the first step of the approval process when making a purchase? - Obtaining approval to spend budgeted organizational funds 3. When a decision has been made to buy new equipment, considerations should be decided, such as: immediate availability, extended service warranties, and _________. - Advanced technology When a Purchase Order has been completed, Purchasing should provide a copy of the Purchase Order to property management, the originator, accounts payable, and what other department? - Receiving