NPMA CPPS Certification questions and answers
2025\2026 A+ Grade
Property Management
- correct answer The exercise of a retaining or governing influence over the acquisition, use, and
disposition of personal property
Property Control Variety of Names
- correct answer Property Accounting, Fixed Asset Accounting, Inventory Control, Material, Property
Control, Asset Management.
Property Management Office PMO
- correct answer Department within an org that is responsible for controlling or managing property
Property Manager
- correct answer PMO is headed by
Property Manager is responsible for:
- correct answer establishing, guiding, managing, and maintaining an efficient property system,
communicating effectively with other departments and functions, and developing and presenting
training in property related subjects
Property Control System is comprised of
- correct answer Property Management Personnel, processes, and mgmt info. systems (MIS). (Written
policies, procedures, operational guidelines, and related records, and MIS that facilitates these
functions).
If org contracts with the government, property manager must
- correct answer have a working relationship with all sponsor reps
Ownership
- correct answer Having legal or rightful title to property
, either owned by the org or is provided by a sponsor under some kind of agreement (sponsor has
ownership).
- correct answer Property is either owned by or provided.
Ownership of property allows the owner to
- correct answer make any and all decisions regarding the property
It is the property professional job to support the property owner in
- correct answer making and implementing effective decisions regarding the property
Duties, responsibilities, and potential penalties should be
- correct answer documented in a formal agreement between the provider and the recipient (contract,
grant)
Accountability
- correct answer means to posses and have use of the property of another with delegated duties and
responsibilities, subject to penalty in case of default.
Those accountable
- correct answer do not have legal or rightful title to the property
Key elements of property accountability
- correct answer provider, recipient, specific duties and responsibilities, and penalties in case of default
Who is accountable to who for property?
- correct answer Contractor is accountable to government. If gov. provides funding to acquire the
property, NASA is accountable to government.
Transfer of accountability
- correct answer When accountability shifts from one entity to another.... may or may not include
physical relocation of assets, but will always include a change in accountability for the property
2025\2026 A+ Grade
Property Management
- correct answer The exercise of a retaining or governing influence over the acquisition, use, and
disposition of personal property
Property Control Variety of Names
- correct answer Property Accounting, Fixed Asset Accounting, Inventory Control, Material, Property
Control, Asset Management.
Property Management Office PMO
- correct answer Department within an org that is responsible for controlling or managing property
Property Manager
- correct answer PMO is headed by
Property Manager is responsible for:
- correct answer establishing, guiding, managing, and maintaining an efficient property system,
communicating effectively with other departments and functions, and developing and presenting
training in property related subjects
Property Control System is comprised of
- correct answer Property Management Personnel, processes, and mgmt info. systems (MIS). (Written
policies, procedures, operational guidelines, and related records, and MIS that facilitates these
functions).
If org contracts with the government, property manager must
- correct answer have a working relationship with all sponsor reps
Ownership
- correct answer Having legal or rightful title to property
, either owned by the org or is provided by a sponsor under some kind of agreement (sponsor has
ownership).
- correct answer Property is either owned by or provided.
Ownership of property allows the owner to
- correct answer make any and all decisions regarding the property
It is the property professional job to support the property owner in
- correct answer making and implementing effective decisions regarding the property
Duties, responsibilities, and potential penalties should be
- correct answer documented in a formal agreement between the provider and the recipient (contract,
grant)
Accountability
- correct answer means to posses and have use of the property of another with delegated duties and
responsibilities, subject to penalty in case of default.
Those accountable
- correct answer do not have legal or rightful title to the property
Key elements of property accountability
- correct answer provider, recipient, specific duties and responsibilities, and penalties in case of default
Who is accountable to who for property?
- correct answer Contractor is accountable to government. If gov. provides funding to acquire the
property, NASA is accountable to government.
Transfer of accountability
- correct answer When accountability shifts from one entity to another.... may or may not include
physical relocation of assets, but will always include a change in accountability for the property
