NPMA CPPS Practice Exam Test With 100% Correct And Verified Answers

NPMA CPPS Practice Exam Test With
100% Correct And Verified Answers
Whatiisitheidocumentimostiorganizationsiuseithatide
scribesiandiconveysitheiprocessistepsitakenitoiproduc
eiaidesirediresult?i-iCorrectiAnswer-Procedure

Whichiofitheifollowingitermsimeansi"toipossessiandih
aveiuseiofipropertyiofianotheriwithidelegatedirespons
ibilities"?i-iCorrectiAnswer-Accountability

Whatielementiisicrucialitoitheientireiprocessiofitheipr
opertyicontrolisystem?i-iCorrectiAnswer-Records

WhenidoesitheiAcquisitionibegin?i-iCorrectiAnswer-
Needsihaveibeenidefined

Whatiisitheifirstistepiofitheiapprovaliprocessiwhenima
kingiaipurchase?i-iCorrectiAnswer-
Obtainingiapprovalitoispendibudgetediorganizational
ifunds



3.iWheniaidecisionihasibeenimadeitoibuyinewiequipm
ent,iconsiderationsishouldibeidecided,isuchias:iimme
diateiavailability,iextendediserviceiwarranties,iandi__
_______.i-iCorrectiAnswer-Advanceditechnology

WheniaiPurchaseiOrderihasibeenicompleted,iPurchas
ingishouldiprovideiaicopyiofitheiPurchaseiOrderitoipr
opertyimanagement,itheioriginator,iaccountsipayabl
e,iandiwhatiotheridepartment?i-iCorrectiAnswer-
Receiving



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, Whatiestablishesidelegationiofiauthorityiforisignatur
eiapprovalithresholdsianditypesiofipropertyiforithosei
signatureilevels?i-iCorrectiAnswer-
Organizationiprocedure

Iniorganizationsihavingionlineifinancialisystems,idoc
umentationiisicreatedielectronicallyiandiisiretainedii
nitheisystem'sitransactionihistory.iItiisiofteniusediasip
artiofiaithree-
wayimatchiofitransactionsiprioritoipayment:itheiPO,it
heireceivingidocumentation,iandithei___________.i-
iCorrectiAnswer-Invoice



Ai________________________iprovidesireceivingiactivityiin
formationiasiwelliasiaiwayitoitraceiitemsithatiareilostio
rimisappropriatediduringitheireceivingiprocessioridu
ringideliveryifromitheireceivingiarea.i-
iCorrectiAnswer-Receivingivoucherilog



Whatiisiaidisadvantageioficentralizedireceiving?i-
iCorrectiAnswer-Sloweriturn-

arounditimeiforideliveries

WhatiinformationiisiNOTitypicallyirecordediiniairecei
vingivoucherilog?i-iCorrectiAnswer-
Purchasingidepartmentiorderidateiandicost

WhyiisiitiimportantithatitheiReceivingidepartmentiins
pectiforidamage?i-iCorrectiAnswer-
Provideiinformationiforiaipotentialireturniofitheiitemi
toitheivendor




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