©Jason MacConnell 2025 ALL RIGHTS RESERVED.
NPMA CPPS Exam Questions With Correct
Answers A+
2. Which two questions are most important to assist in determining the level of management or
tracking required for property within an organization? (Page 14) - Answer✔To what level of
detail will it be managed? What will be tracked?
The overall Property Management System is comprised of - Answer✔b. Written policies,
procedures, operational guidelines, related records, personnel responsible for defined activities.
. The Property Management Office (PMO) must: (Page 9) (Choose the answer that is not correct)
- Answer✔a. Define, establish, and maintain effective and efficient processes, and internal
controls, to manage the assets.
b. Ensure assets owned by, or otherwise accountable to the organization are adequately tracked,
protected, preserved, and maintained.
c. Establish an infrastructure that will facilitate property management and enable compliance
through the entire life cycle of an asset.
d. Determine the proper asset care, maintenance, and depreciation schedule for all accountable
assets.******
1. Accountability does not establish legal or rightful title to property, but, at the broadest level,
accountability can prevent fraud, waste, and abuse.(Page 8) - Answer✔a. True.
1. Key participants in the property processes include Asset Users, Internal Audit, Physical
Inventory Group, External Audit, and Property Custodians. (Page 11-12) - Answer✔a. False. -
External Audit Is Not a Key Participant
When does Acquisition begin? - Answer✔a. The identification of a need for property
1. Acquisition refers to_______? (pg. 23) - Answer✔a. The process that initiates the asset life
cycle
1. Decisions to buy new property are usually based on factors such as: current availability,
extended service warranties, and _________. (pg. 25) - Answer✔a. Advanced technology
, ©Jason MacConnell 2025 ALL RIGHTS RESERVED.
1. Copies of the Purchase Order should be made available to the Requestor, Receiving, Property
Management and what other department? (pg. 28) - Answer✔a. Accounts Payable
1. Acquisition Methods include Purchase, Fabricate, Lease, Loan, Reutilize and ____? (pg. 24) -
Answer✔a. Furnish
In organizations having online financial systems, documentation is created electronically and is
retained in the system's transaction history. It is often used as part of a three-way match of
transactions prior to payment: the PO, the receiving documentation, and the ___________. (pg.
31) - Answer✔Invoice
A ________________________ provides receiving activity information as well as a way to trace
items that are lost or misappropriated during the receiving process or during delivery from the
receiving area. (pg. 32) - Answer✔a. Receiving voucher log
1. What is a disadvantage of centralized receiving? (pg. 32) - Answer✔a. Slower turn-around
time for deliveries
What information is NOT typically recorded in a receiving voucher log? (pg. 32) -
Answer✔Purchasing department order date and cost
1. Standard reports a Receiving operation uses include (Page 36) - Answer✔a. Discrepancy
reports
b. Due In report
c. Transaction volume reports
d. All the above******
1. A primary purpose of asset identification is: (pg. 41) - Answer✔a. Readily identify ownership
1. One option for identification used throughout the Property Management industry include: (pg.
42) - Answer✔a. Network Pinging
1. The U.S. Department of Defense (DoD) UID Policy Office issuing a solicitation is responsible
for identifying items requiring Item is called: (pg. 45) - Answer✔a. Unique Identification (IUD)
1. Identification markings must be affixed to the property? (pg. 41) - Answer✔a. Components
and accessories to Capital Equipment
1. Types of property generally requiring "non-serialized" tags include: (pg. 42) - Answer✔a.
Components and accessories to Capital Equipment
1. Warehouse facilities must maintain current and accurate records of which activities? (pg. 49) -
Answer✔a. Receipts, issues, transfers, storage, and shipments
NPMA CPPS Exam Questions With Correct
Answers A+
2. Which two questions are most important to assist in determining the level of management or
tracking required for property within an organization? (Page 14) - Answer✔To what level of
detail will it be managed? What will be tracked?
The overall Property Management System is comprised of - Answer✔b. Written policies,
procedures, operational guidelines, related records, personnel responsible for defined activities.
. The Property Management Office (PMO) must: (Page 9) (Choose the answer that is not correct)
- Answer✔a. Define, establish, and maintain effective and efficient processes, and internal
controls, to manage the assets.
b. Ensure assets owned by, or otherwise accountable to the organization are adequately tracked,
protected, preserved, and maintained.
c. Establish an infrastructure that will facilitate property management and enable compliance
through the entire life cycle of an asset.
d. Determine the proper asset care, maintenance, and depreciation schedule for all accountable
assets.******
1. Accountability does not establish legal or rightful title to property, but, at the broadest level,
accountability can prevent fraud, waste, and abuse.(Page 8) - Answer✔a. True.
1. Key participants in the property processes include Asset Users, Internal Audit, Physical
Inventory Group, External Audit, and Property Custodians. (Page 11-12) - Answer✔a. False. -
External Audit Is Not a Key Participant
When does Acquisition begin? - Answer✔a. The identification of a need for property
1. Acquisition refers to_______? (pg. 23) - Answer✔a. The process that initiates the asset life
cycle
1. Decisions to buy new property are usually based on factors such as: current availability,
extended service warranties, and _________. (pg. 25) - Answer✔a. Advanced technology
, ©Jason MacConnell 2025 ALL RIGHTS RESERVED.
1. Copies of the Purchase Order should be made available to the Requestor, Receiving, Property
Management and what other department? (pg. 28) - Answer✔a. Accounts Payable
1. Acquisition Methods include Purchase, Fabricate, Lease, Loan, Reutilize and ____? (pg. 24) -
Answer✔a. Furnish
In organizations having online financial systems, documentation is created electronically and is
retained in the system's transaction history. It is often used as part of a three-way match of
transactions prior to payment: the PO, the receiving documentation, and the ___________. (pg.
31) - Answer✔Invoice
A ________________________ provides receiving activity information as well as a way to trace
items that are lost or misappropriated during the receiving process or during delivery from the
receiving area. (pg. 32) - Answer✔a. Receiving voucher log
1. What is a disadvantage of centralized receiving? (pg. 32) - Answer✔a. Slower turn-around
time for deliveries
What information is NOT typically recorded in a receiving voucher log? (pg. 32) -
Answer✔Purchasing department order date and cost
1. Standard reports a Receiving operation uses include (Page 36) - Answer✔a. Discrepancy
reports
b. Due In report
c. Transaction volume reports
d. All the above******
1. A primary purpose of asset identification is: (pg. 41) - Answer✔a. Readily identify ownership
1. One option for identification used throughout the Property Management industry include: (pg.
42) - Answer✔a. Network Pinging
1. The U.S. Department of Defense (DoD) UID Policy Office issuing a solicitation is responsible
for identifying items requiring Item is called: (pg. 45) - Answer✔a. Unique Identification (IUD)
1. Identification markings must be affixed to the property? (pg. 41) - Answer✔a. Components
and accessories to Capital Equipment
1. Types of property generally requiring "non-serialized" tags include: (pg. 42) - Answer✔a.
Components and accessories to Capital Equipment
1. Warehouse facilities must maintain current and accurate records of which activities? (pg. 49) -
Answer✔a. Receipts, issues, transfers, storage, and shipments
