NPMA property management CPPS exam
questions with correct answers 2025
PropertyVManagementV-VCORRECTVANSWERV-
TheVexerciseVofVaVrestrainingVorVgoverningVinfluenceVoverVtheVacquisitionV,VuseV,VandVdispositionVofVpers
onalVproperty
PropertyVcontrolVfunctionVnamesV-VCORRECTVANSWERV-PropertyVcontrol,VAssetVManagement,Vfixed-
assetVaccounting,VinventoryVcontrol,Vmaterial
PMOV-VCORRECTVANSWERV-PropertyVManagementVOffice
PMOVresponsibilitiesV-VCORRECTVANSWERV-
establishing,Vguiding,Vmanaging,VandVmaintainingVanVefficientVpropertyVsystem,VcommunicatingVeffective
lyVwithVotherVdepartmentsVandVfunctions,VandVdevelopingVandVpresentingVtrainingVinVsubjectsVrelatingVtoV
property.
PMOVresponsibilitiesV-VCORRECTVANSWERV-
TheVestablishmentVandVmaintenanceVofVaVpropertyVcontrolVsystem
PropertyVControlVSystemV-VCORRECTVANSWERV-comprisedVof
PrimaryVdifferenceVbetweenVaccountabilityVandVresponsibilityV-VCORRECTVANSWERV-A
WhoVisVaccountableVforVtheVpropertyV-VCORRECTVANSWERV-
ToVwhomVareVyouVaccountableVforVtheVproperty
TransferVofVAccountabilityV-VCORRECTVANSWERV-
TransfersV-VCORRECTVANSWERV-
notValwaysVphysical,VrequireVapproval,VapprovalVrecordVisVpartVofVhistoricalVfileVandVauditVtrail
TransferVbetweenVcontractsV-VCORRECTVANSWERV-bothVreleasingVandVgainingVagencyVverifyVaccuracy
ResponsibilityV-VCORRECTVANSWERV-MeansVtoVbeVanswerableVforVaVtrustVorVobligation
-
IfVyouVhaveVaVcar,VloanedVitVtoVsomeone,VtheyVdontVown,VbutVareVanswerableVtoVyou.V(Gas,Vaccident,Vetc).
VSoVitVisVaVtrust,VandVtheyVareVanswerable.
ItVisVpossibleVtoVbeVresponsibleVforVtheVproperty
WhatVdoesVresponsibilityVmeanV-VCORRECTVANSWERV-toVbeVanswerableVforVaVtrustVorVobligation.
EffectiveVPropertyVControlVSystemV-VCORRECTVANSWERV-
ProvidesVaVmechansimVthroughVwhicVanVorgVcanVdefineVandVplanVforVitsVpropertyVneedsVandVbeVableVtoVa
cquire,Vmanage,VandVdisposeVofVpropertyVtoVmeetVthemVinVaVcostVeffectiveVandVefficientVmanner
PMOVprimaryVresponsibilitiesV-VCORRECTVANSWERV-
questions with correct answers 2025
PropertyVManagementV-VCORRECTVANSWERV-
TheVexerciseVofVaVrestrainingVorVgoverningVinfluenceVoverVtheVacquisitionV,VuseV,VandVdispositionVofVpers
onalVproperty
PropertyVcontrolVfunctionVnamesV-VCORRECTVANSWERV-PropertyVcontrol,VAssetVManagement,Vfixed-
assetVaccounting,VinventoryVcontrol,Vmaterial
PMOV-VCORRECTVANSWERV-PropertyVManagementVOffice
PMOVresponsibilitiesV-VCORRECTVANSWERV-
establishing,Vguiding,Vmanaging,VandVmaintainingVanVefficientVpropertyVsystem,VcommunicatingVeffective
lyVwithVotherVdepartmentsVandVfunctions,VandVdevelopingVandVpresentingVtrainingVinVsubjectsVrelatingVtoV
property.
PMOVresponsibilitiesV-VCORRECTVANSWERV-
TheVestablishmentVandVmaintenanceVofVaVpropertyVcontrolVsystem
PropertyVControlVSystemV-VCORRECTVANSWERV-comprisedVof
PrimaryVdifferenceVbetweenVaccountabilityVandVresponsibilityV-VCORRECTVANSWERV-A
WhoVisVaccountableVforVtheVpropertyV-VCORRECTVANSWERV-
ToVwhomVareVyouVaccountableVforVtheVproperty
TransferVofVAccountabilityV-VCORRECTVANSWERV-
TransfersV-VCORRECTVANSWERV-
notValwaysVphysical,VrequireVapproval,VapprovalVrecordVisVpartVofVhistoricalVfileVandVauditVtrail
TransferVbetweenVcontractsV-VCORRECTVANSWERV-bothVreleasingVandVgainingVagencyVverifyVaccuracy
ResponsibilityV-VCORRECTVANSWERV-MeansVtoVbeVanswerableVforVaVtrustVorVobligation
-
IfVyouVhaveVaVcar,VloanedVitVtoVsomeone,VtheyVdontVown,VbutVareVanswerableVtoVyou.V(Gas,Vaccident,Vetc).
VSoVitVisVaVtrust,VandVtheyVareVanswerable.
ItVisVpossibleVtoVbeVresponsibleVforVtheVproperty
WhatVdoesVresponsibilityVmeanV-VCORRECTVANSWERV-toVbeVanswerableVforVaVtrustVorVobligation.
EffectiveVPropertyVControlVSystemV-VCORRECTVANSWERV-
ProvidesVaVmechansimVthroughVwhicVanVorgVcanVdefineVandVplanVforVitsVpropertyVneedsVandVbeVableVtoVa
cquire,Vmanage,VandVdisposeVofVpropertyVtoVmeetVthemVinVaVcostVeffectiveVandVefficientVmanner
PMOVprimaryVresponsibilitiesV-VCORRECTVANSWERV-