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NPMA CPPS Practice Test Exam Questions
With Correct Answers A+
What is the document most organizations use that describes and conveys the process steps taken
to produce a desired result? - Answer✔Procedure
Which of the following terms means "to possess and have use of property of another with
delegated responsibilities"? - Answer✔Accountability
What element is crucial to the entire process of the property control system? - Answer✔Records
When does the Acquisition begin? - Answer✔Needs have been defined
What is the first step of the approval process when making a purchase? - Answer✔Obtaining
approval to spend budgeted organizational funds
3. When a decision has been made to buy new equipment, considerations should be decided,
such as: immediate availability, extended service warranties, and _________. -
Answer✔Advanced technology
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
What establishes delegation of authority for signature approval thresholds and types of property
for those signature levels? - Answer✔Organization procedure
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
A ________________________ provides receiving activity information as well as a way to trace
items that are lost or misappropriated during the receiving process or during delivery from the
receiving area. - Answer✔Receiving voucher log
What is a disadvantage of centralized receiving? - Answer✔Slower turn-around time for
deliveries
NPMA CPPS Practice Test Exam Questions
With Correct Answers A+
What is the document most organizations use that describes and conveys the process steps taken
to produce a desired result? - Answer✔Procedure
Which of the following terms means "to possess and have use of property of another with
delegated responsibilities"? - Answer✔Accountability
What element is crucial to the entire process of the property control system? - Answer✔Records
When does the Acquisition begin? - Answer✔Needs have been defined
What is the first step of the approval process when making a purchase? - Answer✔Obtaining
approval to spend budgeted organizational funds
3. When a decision has been made to buy new equipment, considerations should be decided,
such as: immediate availability, extended service warranties, and _________. -
Answer✔Advanced technology
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
What establishes delegation of authority for signature approval thresholds and types of property
for those signature levels? - Answer✔Organization procedure
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
A ________________________ provides receiving activity information as well as a way to trace
items that are lost or misappropriated during the receiving process or during delivery from the
receiving area. - Answer✔Receiving voucher log
What is a disadvantage of centralized receiving? - Answer✔Slower turn-around time for
deliveries
