CPPS Exam Chapters 1-11 Questions with Correct Answers

CPPSExamChapters1-11Questionswith v v v v v




Correct Answers 2025 v v v




Property Management is not considered a core business function; but rather a key component of the bu siness
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process. ( 1-1)
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TRUE or FALSE - CORRECT ANSWER -FALSE
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Establishing and maintaining of a property control system is also the responsiblity of the: (1-2)
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OPMO
PMO
PA
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PMF - CORRECT ANSWER -PMO v v v v




Which three of the following are key elements of property accountability? (1-2)
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Provider
Records Management v




Recipient
Specific penalties in case of default - CORRECT ANSWERV--Provider v v v v v v v v




-Recipient
-Specific penalties in case of default v v v v v




When accountability shifts from one entity to another it is called a: (1-3)
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Transfer of accountability v v




Internal transfer v




Transfer of custody v v




Ownershiptransfer - CORRECT ANSWER -Transfer of accountability v v v v v v




The Property Control System is comprised of written policies, procedures, operational guidelines and r elated
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records as well as the management information system (MIS) that facilitates performing those fu nctions. (1-
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4)

TRUE or FALSE - CORRECT ANSWER -TRUE
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The PMO must ensure that assets owned by the organization for which the they are accountable are ad
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vequately controlled, protected, preserved and maintained to maximize their: (1-4)
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Aadequate security and longevity v v v




Useful life and provide the best possible return on investment
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Accuracy of records and residual book value - CORRECT ANSWERV- v v v v v v v v v




v Useful life and provide the best possible return on investment
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There are several factors that influence where the property function would most effectively reside. The y
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do not include include: (1-5)
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, ▪ Type, size, and geographical layout of the organization v v v v v v v




▪ Compliance requirements and related risks v v v v




▪ Availability of outsourcing resources v v v




▪ Level and type of interface needed with key stakeholders - CORRECT ANSWERV-
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Availability of outsourcing resources
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9) For organizations that are able to decide upon the implementation of the organizational structure for their
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property function, which would be top considerations? (1-6)
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Centralized vs. Decentralized v v




Single individual responsibility vs. a fully staffed Property division or department
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Functional groupings within the department-by business process, support to business team, area v v v v v v v v v v v




for specialty, type of property, etc.
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The level of ability for staff members to communicat - CORRECT ANSWER --
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Centralized vs. Decentralized
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-Functional groupings within the department-by business process, support to business team, area
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for specialty, type of property, etc.
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The term used when one has the legal or rightful title to property is (1-2): - CORRECT ANSWER -
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vOwnership

Managed by the Property Manager and responsible for a property control system.
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A.) Program Manager v




B.) Property Management Office v v




C.) Asset User v




D.) Department Head - CORRECT ANSWER -Program Manager v v v v v v




Assigned the task of reporting, receipt, movement, etc of assets through systems transactions.
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A.) Program Manager v




B.) Property Management Office v v




C.) Asset User v




D.) Department Head - CORRECT ANSWER -Property Management Office v v v v v v v




Persons within the program organizations who identifies a need for property.
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A.) Program Manager v




B.) Property Management Office v v




C.) Asset User v




D.) Department Head - CORRECT ANSWER -Asset User v v v v v v




Ensures that personnel within their units follow policies and procedures
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A.) Program Manager v




B.) Property Management Office v v




C.) Asset User v




D.) Department Head - CORRECT ANSWER -Department Head v v v v v v




Which element of the property control system is crucial to the entire process? (1-7)
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Asset Accounting entries v v




Asset Records v




Financial records v