NPMA CPPS PRACTICE TEST; CPPS PRACTICE EXAM
Questions with Correct Answers
100% Verified Graded A+
1. What is the document most organizations use that describes and conveys the process
steps taken to produce a desired result?
Answer Procedure
2. Which of the following terms means "to possess and have use of property of another
with delegated responsibilities"?
Answer Accountability
3. What element is crucial to the entire process of the property control sys- tem?
Answer Records
4. When does the Acquisition begin?
Answer Needs have been defined
5. What is the first step of the approval process when making a purchase?
Answer -Obtaining approval to spend budgeted organizational funds
6. 3. When a decision has been made to buy new equipment, considerations should be
decided, such as immediate availability, extended service war- ranties, and .
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10
, Answer Advanced technology
7. When a Purchase Order has been completed, Purchasing should provide a copy of the
Purchase Order to property management, the originator, accounts payable, and what
other department?
Answer Receiving
8. What establishes delegation of authority for signature approval thresholds and types
of property for those signature levels?
Answer Organization procedure
9. In organizations having online financial systems, documentation is created
electronically and is retained in the system's transaction history. It is often used as part of
a three-way match of transactions prior to payment
the PO, the receiving documentation, and the .
Answer Invoice
10. A provides receiving activity information as well as
a way to trace items that are lost or misappropriated during the receiv- ing process or
during delivery from the receiving area.
Answer Receiving voucher log
11. What is a disadvantage of centralized receiving?
2/
10
Questions with Correct Answers
100% Verified Graded A+
1. What is the document most organizations use that describes and conveys the process
steps taken to produce a desired result?
Answer Procedure
2. Which of the following terms means "to possess and have use of property of another
with delegated responsibilities"?
Answer Accountability
3. What element is crucial to the entire process of the property control sys- tem?
Answer Records
4. When does the Acquisition begin?
Answer Needs have been defined
5. What is the first step of the approval process when making a purchase?
Answer -Obtaining approval to spend budgeted organizational funds
6. 3. When a decision has been made to buy new equipment, considerations should be
decided, such as immediate availability, extended service war- ranties, and .
1/
10
, Answer Advanced technology
7. When a Purchase Order has been completed, Purchasing should provide a copy of the
Purchase Order to property management, the originator, accounts payable, and what
other department?
Answer Receiving
8. What establishes delegation of authority for signature approval thresholds and types
of property for those signature levels?
Answer Organization procedure
9. In organizations having online financial systems, documentation is created
electronically and is retained in the system's transaction history. It is often used as part of
a three-way match of transactions prior to payment
the PO, the receiving documentation, and the .
Answer Invoice
10. A provides receiving activity information as well as
a way to trace items that are lost or misappropriated during the receiv- ing process or
during delivery from the receiving area.
Answer Receiving voucher log
11. What is a disadvantage of centralized receiving?
2/
10
