CPPS Module 2 Exam Questions and
Answers
Movement - Answer-The act or process of moving, a change of place or position, the
physical relocation of property from one area to another.
Movement - Answer-Effectively tracking throughout the life cycle is on of the most
challenging aspects.
Movement - Answer-Record location must be updated following the movement of an
asset and the documentation retained in the property record.
Off-Site - Answer-Property control policies and procedures must be specific regarding
the conditions under which use is authorized, what responsibility the asset user
assumes by taking an asset, and any use limitations that are placed on the equipment.
Off-site location must be reflected in the property records.
Off-Site - Answer-Property must be returned within one week unless an extended time
period is specifically approved; at the time of the organization wide inventory, all
property must be returned to its authorized location so that it can be accounted for by
physical inventory; subject to recall at any time
Property Movement Documents - Answer-Transfer and Accountability Form, Hand
Receipt, Equipment Log-Out Form, Electronic or Automated Property Pass Systems
Shipping - Answer-1)Movement from one geographical are to another 2) originator
responsible for packaging, packing, preservation, and marking of any shipment 3)
Property Manager responsible for determining applicability of applicable laws 4)
shipping documents must accompany the shipment 5) laws may apply to hazardous
materials 6) system of receipt notification is established to ensure completed shipments
7) responsibility rests with the shipper (unless legally indicated otherwise) 8) shipments
made via licensed Interstate Commerce Commission (IIC) burden of liability is places
with carrier
Maintenance - Answer-The act of maintaining to keep in an existing state or preserve
from failure of decline, something that maintains, the upkeep of property or equipment.
Property Management - Answer-While not responsible for the maintenance of
equipment, must ensure that all compliance requirements are met from a property
perspective.
Maintenance Plan - Answer-Systematic regularly scheduled inspection and service for
recall.
Answers
Movement - Answer-The act or process of moving, a change of place or position, the
physical relocation of property from one area to another.
Movement - Answer-Effectively tracking throughout the life cycle is on of the most
challenging aspects.
Movement - Answer-Record location must be updated following the movement of an
asset and the documentation retained in the property record.
Off-Site - Answer-Property control policies and procedures must be specific regarding
the conditions under which use is authorized, what responsibility the asset user
assumes by taking an asset, and any use limitations that are placed on the equipment.
Off-site location must be reflected in the property records.
Off-Site - Answer-Property must be returned within one week unless an extended time
period is specifically approved; at the time of the organization wide inventory, all
property must be returned to its authorized location so that it can be accounted for by
physical inventory; subject to recall at any time
Property Movement Documents - Answer-Transfer and Accountability Form, Hand
Receipt, Equipment Log-Out Form, Electronic or Automated Property Pass Systems
Shipping - Answer-1)Movement from one geographical are to another 2) originator
responsible for packaging, packing, preservation, and marking of any shipment 3)
Property Manager responsible for determining applicability of applicable laws 4)
shipping documents must accompany the shipment 5) laws may apply to hazardous
materials 6) system of receipt notification is established to ensure completed shipments
7) responsibility rests with the shipper (unless legally indicated otherwise) 8) shipments
made via licensed Interstate Commerce Commission (IIC) burden of liability is places
with carrier
Maintenance - Answer-The act of maintaining to keep in an existing state or preserve
from failure of decline, something that maintains, the upkeep of property or equipment.
Property Management - Answer-While not responsible for the maintenance of
equipment, must ensure that all compliance requirements are met from a property
perspective.
Maintenance Plan - Answer-Systematic regularly scheduled inspection and service for
recall.
