2025 COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
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Property Management - CORRECT ANSWER- The exercise of a restraining or governing influence
over the acquisition , use , and disposition of personal property
Property control function names - CORRECT ANSWER- Property control, Asset Management,
fixed-asset accounting, inventory control, material
PMO - CORRECT ANSWER- Property Management Office
PMO responsibilities - CORRECT 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 - CORRECT ANSWER- The establishment and maintenance of a property
control system
PMO primary responsibilities - CORRECT ANSWER- ensures assets are controlled, maintained,
protected, preserved