CPPS Exam Chapters 1-11 Questions with
Correct Answers 2025
Property Management is not considered a core business function; but rather a key component of the bu
siness process. ( 1-1)
TRUE or FALSE - CORRECT ANSWER -FALSE
Establishing and maintaining of a property control system is also the responsiblity of the: (1-2)
OPMO
PMO
PA
PMF - CORRECT ANSWER -PMO
Which three of the following are key elements of property accountability? (1-2)
Provider
Records Management
Recipient
Specific penalties in case of default - CORRECT ANSWERV--Provider
-Recipient
-Specific penalties in case of default
When accountability shifts from one entity to another it is called a: (1-3)
Transfer of accountability
Internal transfer
Transfer of custody
Ownershiptransfer - CORRECT ANSWER -Transfer of accountability
The Property Control System is comprised of written policies, procedures, operational guidelines and r
elated records as well as the management information system (MIS) that facilitates performing those fu
nctions. (1-4)
TRUE or FALSE - CORRECT ANSWER -TRUE
The PMO must ensure that assets owned by the organization for which the they are accountable are ad
equately controlled, protected, preserved and maintained to maximize their: (1-4)
Aadequate security and longevity
Useful life and provide the best possible return on investment
Accuracy of records and residual book value - CORRECT ANSWERV-
Useful life and provide the best possible return on investment
There are several factors that influence where the property function would most effectively reside. The
y do not include include: (1-5)
, ▪ Type, size, and geographical layout of the organization
▪ Compliance requirements and related risks
▪ Availability of outsourcing resources
▪ Level and type of interface needed with key stakeholders - CORRECT ANSWERV-
Availability of outsourcing resources
9) For organizations that are able to decide upon the implementation of the organizational structure for
their property function, which would be top considerations? (1-6)
Centralized vs. Decentralized
Single individual responsibility vs. a fully staffed Property division or department
Functional groupings within the department-by business process, support to business team,
area for specialty, type of property, etc.
The level of ability for staff members to communicat - CORRECT ANSWER --
Centralized vs. Decentralized
-Functional groupings within the department-by business process, support to business team,
area for specialty, type of property, etc.
The term used when one has the legal or rightful title to property is (1-2): - CORRECT ANSWER -
Ownership
Managed by the Property Manager and responsible for a property control system.
A.) Program Manager
B.) Property Management Office
C.) Asset User
D.) Department Head - CORRECT ANSWER -Program Manager
Assigned the task of reporting, receipt, movement, etc of assets through systems transactions.
A.) Program Manager
B.) Property Management Office
C.) Asset User
D.) Department Head - CORRECT ANSWER -Property Management Office
Persons within the program organizations who identifies a need for property.
A.) Program Manager
B.) Property Management Office
C.) Asset User
D.) Department Head - CORRECT ANSWER -Asset User
Ensures that personnel within their units follow policies and procedures
A.) Program Manager
B.) Property Management Office
C.) Asset User
D.) Department Head - CORRECT ANSWER -Department Head
Which element of the property control system is crucial to the entire process? (1-7)
Asset Accounting entries
Asset Records
Financial records
Correct Answers 2025
Property Management is not considered a core business function; but rather a key component of the bu
siness process. ( 1-1)
TRUE or FALSE - CORRECT ANSWER -FALSE
Establishing and maintaining of a property control system is also the responsiblity of the: (1-2)
OPMO
PMO
PA
PMF - CORRECT ANSWER -PMO
Which three of the following are key elements of property accountability? (1-2)
Provider
Records Management
Recipient
Specific penalties in case of default - CORRECT ANSWERV--Provider
-Recipient
-Specific penalties in case of default
When accountability shifts from one entity to another it is called a: (1-3)
Transfer of accountability
Internal transfer
Transfer of custody
Ownershiptransfer - CORRECT ANSWER -Transfer of accountability
The Property Control System is comprised of written policies, procedures, operational guidelines and r
elated records as well as the management information system (MIS) that facilitates performing those fu
nctions. (1-4)
TRUE or FALSE - CORRECT ANSWER -TRUE
The PMO must ensure that assets owned by the organization for which the they are accountable are ad
equately controlled, protected, preserved and maintained to maximize their: (1-4)
Aadequate security and longevity
Useful life and provide the best possible return on investment
Accuracy of records and residual book value - CORRECT ANSWERV-
Useful life and provide the best possible return on investment
There are several factors that influence where the property function would most effectively reside. The
y do not include include: (1-5)
, ▪ Type, size, and geographical layout of the organization
▪ Compliance requirements and related risks
▪ Availability of outsourcing resources
▪ Level and type of interface needed with key stakeholders - CORRECT ANSWERV-
Availability of outsourcing resources
9) For organizations that are able to decide upon the implementation of the organizational structure for
their property function, which would be top considerations? (1-6)
Centralized vs. Decentralized
Single individual responsibility vs. a fully staffed Property division or department
Functional groupings within the department-by business process, support to business team,
area for specialty, type of property, etc.
The level of ability for staff members to communicat - CORRECT ANSWER --
Centralized vs. Decentralized
-Functional groupings within the department-by business process, support to business team,
area for specialty, type of property, etc.
The term used when one has the legal or rightful title to property is (1-2): - CORRECT ANSWER -
Ownership
Managed by the Property Manager and responsible for a property control system.
A.) Program Manager
B.) Property Management Office
C.) Asset User
D.) Department Head - CORRECT ANSWER -Program Manager
Assigned the task of reporting, receipt, movement, etc of assets through systems transactions.
A.) Program Manager
B.) Property Management Office
C.) Asset User
D.) Department Head - CORRECT ANSWER -Property Management Office
Persons within the program organizations who identifies a need for property.
A.) Program Manager
B.) Property Management Office
C.) Asset User
D.) Department Head - CORRECT ANSWER -Asset User
Ensures that personnel within their units follow policies and procedures
A.) Program Manager
B.) Property Management Office
C.) Asset User
D.) Department Head - CORRECT ANSWER -Department Head
Which element of the property control system is crucial to the entire process? (1-7)
Asset Accounting entries
Asset Records
Financial records
