©Jason MacConnell 2025 ALL RIGHTS RESERVED.
NPMA CPPS Certification Exam Questions
With Correct Answers A+
The exercise of a retaining or governing influence over the acquisition, use, and disposition of
personal property - Answer✔Property Management
Property Accounting, Fixed Asset Accounting, Inventory Control, Material, Property Control,
Asset Management. - Answer✔Property Control Variety of Names
Department within an org that is responsible for controlling or managing property -
Answer✔Property Management Office PMO
PMO is headed by - Answer✔Property Manager
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 - Answer✔Property Manager is responsible for:
Property Management Personnel, processes, and mgmt info. systems (MIS). (Written policies,
procedures, operational guidelines, and related records, and MIS that facilitates these functions).
- Answer✔Property Control System is comprised of
have a working relationship with all sponsor reps - Answer✔If org contracts with the
government, property manager must
Having legal or rightful title to property - Answer✔Ownership
Property is either owned by or provided. - Answer✔either owned by the org or is provided by a
sponsor under some kind of agreement (sponsor has ownership).
make any and all decisions regarding the property - Answer✔Ownership of property allows the
owner to
making and implementing effective decisions regarding the property - Answer✔It is the property
professional job to support the property owner in
documented in a formal agreement between the provider and the recipient (contract, grant) -
Answer✔Duties, responsibilities, and potential penalties should be
, ©Jason MacConnell 2025 ALL RIGHTS RESERVED.
means to posses and have use of the property of another with delegated duties and
responsibilities, subject to penalty in case of default. - Answer✔Accountability
do not have legal or rightful title to the property - Answer✔Those accountable
provider, recipient, specific duties and responsibilities, and penalties in case of default -
Answer✔Key elements of property accountability
Contractor is accountable to government. If gov. provides funding to acquire the property,
NASA is accountable to government. - Answer✔Who is accountable to who for property?
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 -
Answer✔Transfer of accountability
both must have appropriate levels of mgmt authority approval, and both contracting officers need
to approve - Answer✔Approvals for giving and accepting orgs
must be obtain before the transfer occurs, in writing, either within award doc, a letter, or email,
and made part of the file for audit trail - Answer✔Approvals for transfers
date of transfer, the purpose of the transfer, description of property, contract numbers -
Answer✔transfer doc must include
These occur routinely within orgs, usually result of org changes, shift of work between
departments, or excess assets are needed by another department - Answer✔Interdepartmental
transfers
property and accountability shift from one org to another - Answer✔Interdepartmental transfer
occurs when
it is a transfer of responsibility, not accountability - Answer✔confusion results when
accountability rests above the department level. This is still sometimes called interdepartment
transfer, but
means to be answerable for a trust or obligation. Less formal than accountability -
Answer✔Responsibility
Responsibility does not include accountability - Answer✔While accountability includes
responsibility
one is accountable to someone for the property, and is responsible for certain actions such as
maintenance or storage - Answer✔Key distinction from property professionals standpoint (on
accountability and responsibility) is that
incorporate methods of safeguarding physical assets of an org,
periodically verify their existence, status and condition of the property,
NPMA CPPS Certification Exam Questions
With Correct Answers A+
The exercise of a retaining or governing influence over the acquisition, use, and disposition of
personal property - Answer✔Property Management
Property Accounting, Fixed Asset Accounting, Inventory Control, Material, Property Control,
Asset Management. - Answer✔Property Control Variety of Names
Department within an org that is responsible for controlling or managing property -
Answer✔Property Management Office PMO
PMO is headed by - Answer✔Property Manager
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 - Answer✔Property Manager is responsible for:
Property Management Personnel, processes, and mgmt info. systems (MIS). (Written policies,
procedures, operational guidelines, and related records, and MIS that facilitates these functions).
- Answer✔Property Control System is comprised of
have a working relationship with all sponsor reps - Answer✔If org contracts with the
government, property manager must
Having legal or rightful title to property - Answer✔Ownership
Property is either owned by or provided. - Answer✔either owned by the org or is provided by a
sponsor under some kind of agreement (sponsor has ownership).
make any and all decisions regarding the property - Answer✔Ownership of property allows the
owner to
making and implementing effective decisions regarding the property - Answer✔It is the property
professional job to support the property owner in
documented in a formal agreement between the provider and the recipient (contract, grant) -
Answer✔Duties, responsibilities, and potential penalties should be
, ©Jason MacConnell 2025 ALL RIGHTS RESERVED.
means to posses and have use of the property of another with delegated duties and
responsibilities, subject to penalty in case of default. - Answer✔Accountability
do not have legal or rightful title to the property - Answer✔Those accountable
provider, recipient, specific duties and responsibilities, and penalties in case of default -
Answer✔Key elements of property accountability
Contractor is accountable to government. If gov. provides funding to acquire the property,
NASA is accountable to government. - Answer✔Who is accountable to who for property?
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 -
Answer✔Transfer of accountability
both must have appropriate levels of mgmt authority approval, and both contracting officers need
to approve - Answer✔Approvals for giving and accepting orgs
must be obtain before the transfer occurs, in writing, either within award doc, a letter, or email,
and made part of the file for audit trail - Answer✔Approvals for transfers
date of transfer, the purpose of the transfer, description of property, contract numbers -
Answer✔transfer doc must include
These occur routinely within orgs, usually result of org changes, shift of work between
departments, or excess assets are needed by another department - Answer✔Interdepartmental
transfers
property and accountability shift from one org to another - Answer✔Interdepartmental transfer
occurs when
it is a transfer of responsibility, not accountability - Answer✔confusion results when
accountability rests above the department level. This is still sometimes called interdepartment
transfer, but
means to be answerable for a trust or obligation. Less formal than accountability -
Answer✔Responsibility
Responsibility does not include accountability - Answer✔While accountability includes
responsibility
one is accountable to someone for the property, and is responsible for certain actions such as
maintenance or storage - Answer✔Key distinction from property professionals standpoint (on
accountability and responsibility) is that
incorporate methods of safeguarding physical assets of an org,
periodically verify their existence, status and condition of the property,
