NPMA CPPS Practice Test with Verified Answers|
100% Correct| Grade A+
When should property that has been taken offsite for approved use be returned? - ✔✔During
the physical inventory
What is the name of the movement document used to track the short-term movement of
equipment that may be used by multiple users? - ✔✔Equipment log-out form
The following characteristics are a factor when selecting a shipping container: Size and weight of item,
mode of transportation, manufacturer specifications, and ____________. - ✔✔Physical
characteristics
What are the two most important things that must be considered when assets are moved from point to
point? - ✔✔Physical protection and location changes in the records
When should the movement of an item be recorded in the property records? - ✔✔Following
the movement of the item
Who is responsible for maintenance and calibration? - ✔✔Anyone who observes, uses, or services
an item
What types of maintenance should be covered in a Maintenance Plan? - ✔✔Repair, unscheduled,
preventive maintenance, calibration
When selecting maintenance software, you should allow for what type of records? - ✔✔Multiple
Service Requirements
, What results in cost savings, preventing downtime and reduced production? - ✔✔Maintenance plan
What best describes a Maintenance Plan? - ✔✔Items requiring regularly-scheduled inspection
and service should be scheduled for recall via a systematic process
What is the role of the physical inventory? - ✔✔To ensure assets recorded in the property system
physically exist c. To ensure materials in storage have not exceeded their established shelf-life
Which equipment is more prone to loss other than theft? - ✔✔Roving Equipment
What is the factor that largely determines the frequency of a physical inventory? - ✔✔Type of property
Periodic inventories are based on what factors if not mandated by specific contract language? -
✔✔Type, location, and value of the property
Which type of physical inventory would one use if a 100% inventory is not cost effective or used for
low cost consumable items? - ✔✔Statistical Sampling
The Property Manager must establish support and maintain the utilization program by actively participating
in the management processes that establish and adjust requirements on which the business is based. Some
of these processes are: - ✔✔Managing current leases and proposing new leases
Using assets provided by another entity for the unauthorized purpose could result in which of the
following: - ✔✔Create a liability for the organization
Which is considered a benefit of property reutilization program? - ✔✔Transfer available excess
property among departments in lieu of new purchases
To have a reutilization program that works effectively, the property system must: - ✔✔Identify
excess assets and obsolete items
100% Correct| Grade A+
When should property that has been taken offsite for approved use be returned? - ✔✔During
the physical inventory
What is the name of the movement document used to track the short-term movement of
equipment that may be used by multiple users? - ✔✔Equipment log-out form
The following characteristics are a factor when selecting a shipping container: Size and weight of item,
mode of transportation, manufacturer specifications, and ____________. - ✔✔Physical
characteristics
What are the two most important things that must be considered when assets are moved from point to
point? - ✔✔Physical protection and location changes in the records
When should the movement of an item be recorded in the property records? - ✔✔Following
the movement of the item
Who is responsible for maintenance and calibration? - ✔✔Anyone who observes, uses, or services
an item
What types of maintenance should be covered in a Maintenance Plan? - ✔✔Repair, unscheduled,
preventive maintenance, calibration
When selecting maintenance software, you should allow for what type of records? - ✔✔Multiple
Service Requirements
, What results in cost savings, preventing downtime and reduced production? - ✔✔Maintenance plan
What best describes a Maintenance Plan? - ✔✔Items requiring regularly-scheduled inspection
and service should be scheduled for recall via a systematic process
What is the role of the physical inventory? - ✔✔To ensure assets recorded in the property system
physically exist c. To ensure materials in storage have not exceeded their established shelf-life
Which equipment is more prone to loss other than theft? - ✔✔Roving Equipment
What is the factor that largely determines the frequency of a physical inventory? - ✔✔Type of property
Periodic inventories are based on what factors if not mandated by specific contract language? -
✔✔Type, location, and value of the property
Which type of physical inventory would one use if a 100% inventory is not cost effective or used for
low cost consumable items? - ✔✔Statistical Sampling
The Property Manager must establish support and maintain the utilization program by actively participating
in the management processes that establish and adjust requirements on which the business is based. Some
of these processes are: - ✔✔Managing current leases and proposing new leases
Using assets provided by another entity for the unauthorized purpose could result in which of the
following: - ✔✔Create a liability for the organization
Which is considered a benefit of property reutilization program? - ✔✔Transfer available excess
property among departments in lieu of new purchases
To have a reutilization program that works effectively, the property system must: - ✔✔Identify
excess assets and obsolete items
