NPMA CPPS Practice Test bank questions & answers
3. When a decision has been made to buy new equipment,
considerations should be decided, such as: immediate availability,
extended service warranties, and _________. - CORRECT ANSWER -
Advanced technology
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. - CORRECT
ANSWER - Receiving voucher log
A solid consumption program is based on which following item? -
CORRECT ANSWER - Identifying requirements
A solid consumption program is based on which of the following items?
- CORRECT ANSWER - Reviewing and adjusting requirements as needs
change
Assets acquired by the subcontractor must be tagged in accordance with
the _____________ policies and procedures unless otherwise specified
in the subcontract award document. - CORRECT ANSWER - Prime
contractor's
Demand changes can affect which of the following? - CORRECT
ANSWER - Receipt of different items
, For future use, items recovered from repair work, rework, testing, or
cannibalization are: - CORRECT ANSWER - Return to stores
For security purposes, what department should be responsible for
making certain that all sensitive data is removed from computers? -
CORRECT ANSWER - Information Technology (IT) Department
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 ___________.
- CORRECT ANSWER - Invoice
Just-in-time (JIT) delivery has both advantages and disadvantages. What
is one DISADVANTAGE? - CORRECT ANSWER - Increases the costs of
purchased goods
Periodic inventories are based on what factors if not mandated by
specific contract language? - CORRECT ANSWER - Type, location, and
value of the property
Reasons accountable property is tagged because of its sensitivity,
requirement for control and what? - CORRECT ANSWER - Dollar value
3. When a decision has been made to buy new equipment,
considerations should be decided, such as: immediate availability,
extended service warranties, and _________. - CORRECT ANSWER -
Advanced technology
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. - CORRECT
ANSWER - Receiving voucher log
A solid consumption program is based on which following item? -
CORRECT ANSWER - Identifying requirements
A solid consumption program is based on which of the following items?
- CORRECT ANSWER - Reviewing and adjusting requirements as needs
change
Assets acquired by the subcontractor must be tagged in accordance with
the _____________ policies and procedures unless otherwise specified
in the subcontract award document. - CORRECT ANSWER - Prime
contractor's
Demand changes can affect which of the following? - CORRECT
ANSWER - Receipt of different items
, For future use, items recovered from repair work, rework, testing, or
cannibalization are: - CORRECT ANSWER - Return to stores
For security purposes, what department should be responsible for
making certain that all sensitive data is removed from computers? -
CORRECT ANSWER - Information Technology (IT) Department
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 ___________.
- CORRECT ANSWER - Invoice
Just-in-time (JIT) delivery has both advantages and disadvantages. What
is one DISADVANTAGE? - CORRECT ANSWER - Increases the costs of
purchased goods
Periodic inventories are based on what factors if not mandated by
specific contract language? - CORRECT ANSWER - Type, location, and
value of the property
Reasons accountable property is tagged because of its sensitivity,
requirement for control and what? - CORRECT ANSWER - Dollar value
