NPMA Property Management CPPS Exam questions
with verified answers
Effective Property Control System Ans✓✓✓ Provides a mechansim
through whic an org can define and plan for its property needs and be
able to acquire, manage, and dispose of property to meet them in a cost
effective and efficient manner
Frequency of Inventory Ans✓✓✓ Periodic, Continuous, based on type
of equipment,
Physical Inventory Ans✓✓✓ The determination of inventory quantity
by actual count. Can be taken on continuous, periodic, or annual basis.
PMO Ans✓✓✓ Property Management Office
PMO primary responsibilities Ans✓✓✓ ensures assets are controlled,
maintained, protected, preserved
PMO responsibilities Ans✓✓✓ establishing, guiding, managing, and
maintaining an efficient property system, communicating effectively
with other departments and functions, and developing and presenting
training in subjects relating to property.
PMO responsibilities Ans✓✓✓ The establishment and maintenance of a
property control system
with verified answers
Effective Property Control System Ans✓✓✓ Provides a mechansim
through whic an org can define and plan for its property needs and be
able to acquire, manage, and dispose of property to meet them in a cost
effective and efficient manner
Frequency of Inventory Ans✓✓✓ Periodic, Continuous, based on type
of equipment,
Physical Inventory Ans✓✓✓ The determination of inventory quantity
by actual count. Can be taken on continuous, periodic, or annual basis.
PMO Ans✓✓✓ Property Management Office
PMO primary responsibilities Ans✓✓✓ ensures assets are controlled,
maintained, protected, preserved
PMO responsibilities Ans✓✓✓ establishing, guiding, managing, and
maintaining an efficient property system, communicating effectively
with other departments and functions, and developing and presenting
training in subjects relating to property.
PMO responsibilities Ans✓✓✓ The establishment and maintenance of a
property control system
