CPPS Exam Chapters 1-11 Questions with Correct Answers 2025

CPPS Exam Chapters 1-11 Questions with
Correct Answers 2025
PropertyVManagementVisVnotVconsideredVaVcoreVbusinessVfunction;VbutVratherVaVkeyVcomponentVofVtheVbu
sinessVprocess.V(V1-1)

TRUEVorVFALSEV-VCORRECTVANSWERV-FALSE

EstablishingVandVmaintainingVofVaVpropertyVcontrolVsystemVisValsoVtheVresponsiblityVofVthe:V(1-2)

____VOPMO
____VPMO
____VPA
____VPMFV-VCORRECTVANSWERV-PMO

WhichVthreeVofVtheVfollowingVareVkeyVelementsVofVpropertyVaccountability?V(1-2)

____VProvider
_____VRecordsVManagement
_____VRecipient
_____VSpecificVpenaltiesVinVcaseVofVdefaultV-VCORRECTVANSWERV--Provider
-Recipient
-SpecificVpenaltiesVinVcaseVofVdefault

WhenVaccountabilityVshiftsVfromVoneVentityVtoVanotherVitVisVcalledVa:V(1-3)

______VTransferVofVaccountability
______VInternalVtransfer
______VTransferVofVcustody
______OwnershiptransferV-VCORRECTVANSWERV-TransferVofVaccountability

TheVPropertyVControlVSystemVisVcomprisedVofVwrittenVpolicies,Vprocedures,VoperationalVguidelinesVandVr
elatedVrecordsVasVwellVasVtheVmanagementVinformationVsystemV(MIS)VthatVfacilitatesVperformingVthoseVfu
nctions.V(1-4)

TRUEVorVFALSEV-VCORRECTVANSWERV-TRUE

TheVPMOVmustVensureVthatVassetsVownedVbyVtheVorganizationVforVwhichVtheVtheyVareVaccountableVareVad
equatelyVcontrolled,Vprotected,VpreservedVandVmaintainedVtoVmaximizeVtheir:V(1-4)

____VAadequateVsecurityVandVlongevity
____VUsefulVlifeVandVprovideVtheVbestVpossibleVreturnVonVinvestment
____VAccuracyVofVrecordsVandVresidualVbookVvalueV-VCORRECTVANSWERV-
UsefulVlifeVandVprovideVtheVbestVpossibleVreturnVonVinvestment

ThereVareVseveralVfactorsVthatVinfluenceVwhereVtheVpropertyVfunctionVwouldVmostVeffectivelyVreside.VThe
yVdoVnotVincludeVinclude:V(1-5)

, ▪V_____VType,Vsize,VandVgeographicalVlayoutVofVtheVorganization
▪VComplianceVrequirementsVandVrelatedVrisks
▪VAvailabilityVofVoutsourcingVresources
▪VLevelVandVtypeVofVinterfaceVneededVwithVkeyVstakeholdersV-VCORRECTVANSWERV-
AvailabilityVofVoutsourcingVresources

9)VForVorganizationsVthatVareVableVtoVdecideVuponVtheVimplementationVofVtheVorganizationalVstructureVfor
VtheirVpropertyVfunction,VwhichVwouldVbeVtopVconsiderations?V(1-6)




______VCentralizedVvs.VDecentralized
______VSingleVindividualVresponsibilityVvs.VaVfullyVstaffedVPropertyVdivisionVorVdepartment
______VFunctionalVgroupingsVwithinVtheVdepartment-byVbusinessVprocess,VsupportVtoVbusinessVteam,
areaVforVspecialty,VtypeVofVproperty,Vetc.
______VTheVlevelVofVabilityVforVstaffVmembersVtoVcommunicatV-VCORRECTVANSWERV--
CentralizedVvs.VDecentralized
-FunctionalVgroupingsVwithinVtheVdepartment-byVbusinessVprocess,VsupportVtoVbusinessVteam,
areaVforVspecialty,VtypeVofVproperty,Vetc.

TheVtermVusedVwhenVoneVhasVtheVlegalVorVrightfulVtitleVtoVpropertyVisV(1-2):V-VCORRECTVANSWERV-
Ownership

ManagedVbyVtheVPropertyVManagerVandVresponsibleVforVaVpropertyVcontrolVsystem.
A.)VProgramVManager
B.)VPropertyVManagementVOffice
C.)VAssetVUser
D.)VDepartmentVHeadV-VCORRECTVANSWERV-ProgramVManager

AssignedVtheVtaskVofVreporting,Vreceipt,Vmovement,VetcVofVassetsVthroughVsystemsVtransactions.
A.)VProgramVManager
B.)VPropertyVManagementVOffice
C.)VAssetVUser
D.)VDepartmentVHeadV-VCORRECTVANSWERV-PropertyVManagementVOffice

PersonsVwithinVtheVprogramVorganizationsVwhoVidentifiesVaVneedVforVproperty.
A.)VProgramVManager
B.)VPropertyVManagementVOffice
C.)VAssetVUser
D.)VDepartmentVHeadV-VCORRECTVANSWERV-AssetVUser

EnsuresVthatVpersonnelVwithinVtheirVunitsVfollowVpoliciesVandVprocedures
A.)VProgramVManager
B.)VPropertyVManagementVOffice
C.)VAssetVUser
D.)VDepartmentVHeadV-VCORRECTVANSWERV-DepartmentVHead

WhichVelementVofVtheVpropertyVcontrolVsystemVisVcrucialVtoVtheVentireVprocess?V(1-7)

_____VAssetVAccountingVentries
_____VAssetVRecords
_____VFinancialVrecords