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Exam (elaborations)

NPMA CPPS PRACTICE TEST QUESTIONS WITH CORRECT ANSWERS 2025

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NPMA CPPS PRACTICE TEST QUESTIONS WITH CORRECT ANSWERS 2025

Institution
CPPS
Course
CPPS








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Institution
CPPS
Course
CPPS

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Uploaded on
April 13, 2025
Number of pages
4
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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NPMA CPPS PRACTICE TEST QUESTIONS
WITH CORRECT ANSWERS 2025
WhatVisVtheVdocumentVmostVorganizationsVuseVthatVdescribesVandVconveysVtheVprocessVstepsVtakenVtoVpro
duceVaVdesiredVresult?V-VCORRECTVANSWERV-Procedure

WhichVofVtheVfollowingVtermsVmeansV"toVpossessVandVhaveVuseVofVpropertyVofVanotherVwithVdelegatedVre
sponsibilities"?V-VCORRECTVANSWERV-Accountability

WhatVelementVisVcrucialVtoVtheVentireVprocessVofVtheVpropertyVcontrolVsystem?V-VCORRECTVANSWERV-
Records

WhenVdoesVtheVAcquisitionVbegin?V-VCORRECTVANSWERV-NeedsVhaveVbeenVdefined

WhatVisVtheVfirstVstepVofVtheVapprovalVprocessVwhenVmakingVaVpurchase?V-VCORRECTVANSWERV-
ObtainingVapprovalVtoVspendVbudgetedVorganizationalVfunds

3.VWhenVaVdecisionVhasVbeenVmadeVtoVbuyVnewVequipment,VconsiderationsVshouldVbeVdecided,VsuchVas:Vi
mmediateVavailability,VextendedVserviceVwarranties,VandV_________.V-VCORRECTVANSWERV-
AdvancedVtechnology

WhenVaVPurchaseVOrderVhasVbeenVcompleted,VPurchasingVshouldVprovideVaVcopyVofVtheVPurchaseVOrderVt
oVpropertyVmanagement,VtheVoriginator,VaccountsVpayable,VandVwhatVotherVdepartment?V-
VCORRECTVANSWERV-Receiving




WhatVestablishesVdelegationVofVauthorityVforVsignatureVapprovalVthresholdsVandVtypesVofVpropertyVforVtho
seVsignatureVlevels?V-VCORRECTVANSWERV-OrganizationVprocedure

InVorganizationsVhavingVonlineVfinancialVsystems,VdocumentationVisVcreatedVelectronicallyVandVisVretaine
dVinVtheVsystem'sVtransactionVhistory.VItVisVoftenVusedVasVpartVofVaVthree-
wayVmatchVofVtransactionsVpriorVtoVpayment:VtheVPO,VtheVreceivingVdocumentation,VandVtheV__________
_.V-VCORRECTVANSWERV-Invoice

AV________________________VprovidesVreceivingVactivityVinformationVasVwellVasVaVwayVtoVtraceVitems
VthatVareVlostVorVmisappropriatedVduringVtheVreceivingVprocessVorVduringVdeliveryVfromVtheVreceivingVare

a.V-VCORRECTVANSWERV-ReceivingVvoucherVlog

WhatVisVaVdisadvantageVofVcentralizedVreceiving?V-VCORRECTVANSWERV-SlowerVturn-
aroundVtimeVforVdeliveries

WhatVinformationVisVNOTVtypicallyVrecordedVinVaVreceivingVvoucherVlog?V-VCORRECTVANSWERV-
PurchasingVdepartmentVorderVdateVandVcost

WhyVisVitVimportantVthatVtheVReceivingVdepartmentVinspectVforVdamage?V-VCORRECTVANSWERV-
ProvideVinformationVforVaVpotentialVreturnVofVtheVitemVtoVtheVvendor

WhatVisVoneVaccomplishmentVbyVtaggingVofVnew,VincomingVproperty?V-VCORRECTVANSWERV-
EstablishesVtheVofficialVrecordVforVthatVitem

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