NPMA CPPS Practice Test Exam
Questions and 100% Correct Answers
UPDATED () (Verified)
What is the document most organizations use that describes and conveys the process steps
taken to produce a desired result?
Ans: Procedure
Quiz Which of the following terms means "to possess and have use of property of another with
delegated responsibilities"?
Ans: Accountability
Quiz What element is crucial to the entire process of the property control system?
Ans: Records
Quiz When does the Acquisition begin?
, Ans: Needs have been defined
Quiz What is the first step of the approval process when making a purchase?
Ans: Obtaining approval to spend budgeted organizational funds
Quiz 3. When a decision has been made to buy new equipment, considerations should be
decided, such as: immediate availability, extended service warranties, and _________.
Ans: Advanced technology
Quiz 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?
Ans: Receiving
Quiz What establishes delegation of authority for signature approval thresholds and types of
property for those signature levels?
Ans: Organization procedure
Quiz 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 ___________.
Questions and 100% Correct Answers
UPDATED () (Verified)
What is the document most organizations use that describes and conveys the process steps
taken to produce a desired result?
Ans: Procedure
Quiz Which of the following terms means "to possess and have use of property of another with
delegated responsibilities"?
Ans: Accountability
Quiz What element is crucial to the entire process of the property control system?
Ans: Records
Quiz When does the Acquisition begin?
, Ans: Needs have been defined
Quiz What is the first step of the approval process when making a purchase?
Ans: Obtaining approval to spend budgeted organizational funds
Quiz 3. When a decision has been made to buy new equipment, considerations should be
decided, such as: immediate availability, extended service warranties, and _________.
Ans: Advanced technology
Quiz 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?
Ans: Receiving
Quiz What establishes delegation of authority for signature approval thresholds and types of
property for those signature levels?
Ans: Organization procedure
Quiz 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 ___________.
