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CPPA PRACTICE EXAM QUESTIONS WITH COMPLETE SOLUTIONS., Exams of Business Informatics

Chamberlain College of NursingBusiness Informatics

CPPA PRACTICE EXAM QUESTIONS WITH COMPLETE SOLUTIONS.

Typology: Exams

2025/2026

Available from 01/08/2026

Lectjoshua
Lectjoshua 🇺🇸

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CPPA PRACTICE EXAM
QUESTIONS WITH COMPLETE
SOLUTIONS
1. |What |institute |worked |to |facilitate |the |growing |trend |of |Government |
agencies' |use |of |voluntary |consensus |standards |created |by |the |private |sector |
as |an |alternative |to |agency |developed |standards? |(pg.1-2) |
a. |COTCO |
b. |OMB |Circular |A-119
|c. |NIST |
d. |ANSI |- |CORRECT |ANSWER✔✔-d. |ANSI
2. |To |be |classified |as |a |voluntary |consensus |standard, |the |standard |must |be |
developed |within |what? |(pg.1-2)
a. |criteria |and |process |
b. |timeframe |
c. |specifications |
d. |practice |and |methods |- |CORRECT |ANSWER✔✔-a. |criteria |and |process
3. |When |the |Work |Item |(draft |standard) |has |been |completed, |the |individual |or |
Task |Group |will |send |it |to |__________. |(pg.1-4) |
a. |COTCO |
b. |ASTM |
c. |E-53 |Chairperson |
d. |ANSI |- |CORRECT |ANSWER✔✔-b. |ASTM
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CPPA PRACTICE EXAM

QUESTIONS WITH COMPLETE

SOLUTIONS

  1. |What |institute |worked |to |facilitate |the |growing |trend |of |Government | agencies' |use |of |voluntary |consensus |standards |created |by |the |private |sector | as |an |alternative |to |agency |developed |standards? |(pg.1-2) | a. |COTCO | b. |OMB |Circular |A- |c. |NIST | d. |ANSI |- |CORRECT |ANSWER✔✔-d. |ANSI
  2. |To |be |classified |as |a |voluntary |consensus |standard, |the |standard |must |be | developed |within |what? |(pg.1-2) a. |criteria |and |process | b. |timeframe | c. |specifications | d. |practice |and |methods |- |CORRECT |ANSWER✔✔-a. |criteria |and |process
  3. |When |the |Work |Item |(draft |standard) |has |been |completed, |the |individual |or | Task |Group |will |send |it |to |__________. |(pg.1-4) | a. |COTCO | b. |ASTM | c. |E-53 |Chairperson | d. |ANSI |- |CORRECT |ANSWER✔✔-b. |ASTM
  1. |OMB |Circular |A119 |states |that |voluntary |consensus |standard |bodies |are |"domestic |or |international |organizations |which |develop, |establish, |coordinate, |and |__________ |using |agreed-upon |procedures." |(pg.1-2) | a. |Process b. |Openness | c. |Plan | d. |Encompass |- |CORRECT |ANSWER✔✔-c. |Plan Having |a |standard |to |reference |during |a |review |or |audit |will |provide |a |strong | foundation |to |ensure |what? |(pg.1-5) | a. |compliance | b. |evidence | c. |traceability | d. |completed |procedures |- |CORRECT |ANSWER✔✔-a. |compliance What |is |the |Requirements |Determination |process |of |identifying |and |justifying | property? |(pg. |2-1) | a. |job |levels |and |expenditures | b. |expenditures |ratios |and |misappropriations | c. |supply |and |demand d. |future |property |acquisitions |and |providing |the |necessary |funds |- |CORRECT | ANSWER✔✔-d. |future |property |acquisitions |and |providing |the |necessary |funds When |the |asset |base |exceeds |__________ |in |value, |even |small |reductions |in |the |cost |of |acquiring |and |holding |property |can |have |a |greater |impact |than |larger | gains |in |productivity. |(pg. |2-2) | a. |budget |allocations | b. |annual |payroll |
  1. |A |key |characteristic |of |a |consumable |is |that |it |is |considered |to |be |"consumed" |at |the |point |of |___________. |(pg. |3-2) | a. |receipt | b. |installation | c. |issue | d. |replacement |- |CORRECT |ANSWER✔✔-c. |issue
  2. |What |is |an |example |of |an |expendable |item |and |which |would |be |considered | consumable? |(pg. |3-2) | a. |paper |products | b. |drill |bits | c. |cordless |drill | d. |small |tools |- |CORRECT |ANSWER✔✔-a. |paper |products Some |of |the |advantages |of |storing |consumables |in |a |Central |Warehouse |are: | dedicated |professionals, |discounts |due |to |quantity |buying, |and |____________. | (pg. |3-2) | a. |cost |of |the |facility | b. |manpower | c. |cost |of |the |equipment |needed | d. |time |saving |to |end-users |- |CORRECT |ANSWER✔✔-d. |time |saving |to |end- users
  3. |What |type |of |consumable |stock |does |not |lend |themselves |to |ABC |plan | control, |but |should |be |kept |in |a |controlled |area |and |inventoried |often? |(pg. |3- |and |3-6) | a. |Pilferable |items | b. |Items |with |a |shelf-life |

c. |Insurance |items | d. |Inventory |accuracy |- |CORRECT |ANSWER✔✔-a. |Pilferable |items When |doing |an |ABC |type |inventory, |Category |"C" |accounts |for |approximately | what |percentage |of |stock |records? |(pg. |3-6) a. |10% | b. |75% | c. |100% | d. |50% |- |CORRECT |ANSWER✔✔-b. |75%

  1. |What |is |the |most |important |aspect |concerning |the |property |manager |in | dealing |with |contracts? |(pg. |4-2) | a. |Knowing |who |to |ask |questions |about |the |contract | b. |Knowing |how |to |interpret |the |contract |for |the |benefit |of |the |organization | c. |Knowing |where |to |look |in |the |records | d. |Knowing |how |to |ask |the |Management |- |CORRECT |ANSWER✔✔-b. |Knowing | how |to |interpret |the |contract |for |the |benefit |of |the |organization
  2. |Which |of |the |following |type |of |agreements |is |the |most |familiar |or |commonly |used? |(pg. |4-2) | a. |Cooperative |agreement | b. |Grant | c. |Bailment |agreement | d. |Contract |- |CORRECT |ANSWER✔✔-d. |Contract
  3. |Bailment |agreements... |(pg. |4-3) | a. |are |legally-binding |loan |agreements |between |government |agencies | b. |are |best |described |as |a |subcontract |
  1. |Using |state-of-the-art |technology |and |employing |the |preferred |or |best | business |practice |is |an |example |of |how |an |organization |can |operate |efficiently |and |effectively |and |add |__________. |(pg. |5-3) | a. |Value | b. |Security | c. |Prestige | d. |Knowledge |- |CORRECT |ANSWER✔✔-a. |Value
  2. |Some |goals |that |could |be |used |for |Property |Management |are: |Safety, |Cycle | time, |Quality, |Teamwork |and |__________. |(pg. |5-4) | a. |Measurable | b. |Authority | c. |Cost | d. |Inventory |- |CORRECT |ANSWER✔✔-c. |Cost
  3. |What |would |be |a |value-added |task |for |your |Property |System? |(pg. |5-5) | a. |Create |sound |procedures | b. |Change |of |management |philosophy | c. |Correct |problems |before |they |occur | d. |Increase |Storage |- |CORRECT |ANSWER✔✔-a. |Create |sound |procedures
  4. |Property |Management |goals |should |be |measurable |and |____________. |(pg. |5-
  1. | a. |Secure | b. |Timebound | c. |Quality | d. |Valued |- |CORRECT |ANSWER✔✔-b. |Timebound
  1. |The |possibility |of |various |outcomes |from |a |given |set |of |circumstances |is |a | definition |of |which |term? |(pg. |6-1) | a. |Destiny | b. |Values | c. |Risk | d. |Strategy |- |CORRECT |ANSWER✔✔-c. |Risk
  2. |Loss |projections |based |on |probability |distributions |and |statistics, |frequently | developed |using |actuarial |techniques, |is |called |what? |(pg. |6-2) | a. |Expected |Losses b. |Occurrence | c. |Property |Damage | d. |Claims |- |CORRECT |ANSWER✔✔-a. |Expected |Losses
  3. |Human |sources |of |risk |found |throughout |the |life |cycle |of |an |asset |may | include |what? |(pg. |6-2) | a. |Vermin | b. |Under-valuation | c. |Inaccurate |recordkeeping | d. |Loss |of |goodwill |- |CORRECT |ANSWER✔✔-c. |Inaccurate |recordkeeping
  4. |What |is |critical |to |the |decision-making |process, |that |is |necessary |to | compare |the |costs |of |mitigating |a |risk? |(pg. |6-4) | a. |Loss | b. |Damage | c. |Destroyed | d. |Benefit |- |CORRECT |ANSWER✔✔-d. |Benefit

a. |Objectives | b. |Roadmap | c. |Population | d. |Observation |- |CORRECT |ANSWER✔✔-a. |Objectives

  1. |Auditors |must |render |judgment |of |the |conclusions |fairly, |_________ |or | external |influences. |(pg. |7-10) | a. |Conclusions | b. |Without |bias | c. |Materiality | d. |Causality |- |CORRECT |ANSWER✔✔-b. |Without |bias
  2. |Valuation |is |the |act |or |practice |of |establishing |the |degree |of |relative |worth, | utility |or |importance |of |an |item. |Establishing |value |is |essential |for |various | reasons, |including |which |of |the |following? |(pg. |8-1) | a. |Depreciation | b. |Objective | c. |Determine |return |on |investment | d. |To |validate |book |value |- |CORRECT |ANSWER✔✔-a. |Depreciation
  3. |What |standards |are |used |by |appraisers? |(pg. |8-2) | a. |National |Institute |of |Standards |and |Technology |(NIST) | b. |American |National |Standards |Institute |(ANSI) | c. |Uniform |Standards |of |Professional |Appraisal |Practice |(USPAP) | d. |Fair |Market |Value |(FMV) |- |CORRECT |ANSWER✔✔-c. |Uniform |Standards |of | Professional |Appraisal |Practice |(USPAP)
  1. |Valuation |is |based |on |characteristics |of |an |asset |and |relevant |information. | This |is |even |more |important |when |an |individual |performing |a |valuation |is | determining |what? |(pg. |8-2) | a. |Assessed |Value | b. |Fair |Market |Value | c. |Insured |Value | d. |Salvage |Value |- |CORRECT |ANSWER✔✔-b. |Fair |Market |Value
  2. |_____________ |is |defined |by |the |Uniform |Standards |of |Professional |Appraisal | Practice |(USPAP) |as |one |who |is |expected |to |perform |valuation |services | competently |and |in |a |manner |that |is |independent, |impartial |and |objective. | (pg. |8-6) | a. |Property |Manager | b. |Financial |Officer | c. |Professional |Appraiser | d. |Real |Estate |Agent |- |CORRECT |ANSWER✔✔-c. |Professional |Appraiser
  3. |_____________ |is |an |improvement |to |property, |which |results |in |better |quality, |higher |capacity, |or |an |extended |useful |life. |(pg. |8-5) | a. |Replacement | b. |Appraising | c. |Leases | d. |Betterment |- |CORRECT |ANSWER✔✔-d. |Betterment
  4. |What |is |a |characteristic |of |a |hazardous |waste |defined |by |RCRA? |(pg. |9-3) | a. |Ignitability | b. |Solid | c. |Waste | d. |Petroleum |- |CORRECT |ANSWER✔✔-a. |Ignitability

c. |Industrial | d. |Universal |- |CORRECT |ANSWER✔✔-b. |Characteristic

  1. |What |qualifications |does |a |Fleet |Manager |need |to |be |proficient |at |their | work? |(pg. |10-2) | a. |Coordinate |fleet |activities | b. |Life |cycle |costs | c. |Change |the |Batteries | d. |Roadside |assistance |- |CORRECT |ANSWER✔✔-a. |Coordinate |fleet |activities
  2. |There |are |six |factors |in |analyzing |fleet |efficiencies: |durability, |reliability, | environment, |initial |cost, |operating |costs, |and |what? |(pg. |10-4) |a. |Operating | costs | b. |Life |cycle |costs | c. |Fuel |costs | d. |Disposal |costs |- |CORRECT |ANSWER✔✔-b. |Life |cycle |costs
  3. |What |US |Government |Department |designates |alternative |fuels? |(pg.10-5) | a. |GSA | b. |DOT | c. |DOE | d. |DOS |- |CORRECT |ANSWER✔✔-c. |DOE
  4. |What |measures |in-house |repairs |against |vendor-supplied |repairs? |(pg. |10-6) | a. |Vendor |receipts | b. |In-house |labor |cost | c. |Parts |cost |

d. |Developing |a |Maintenance |Plan |- |CORRECT |ANSWER✔✔-d. |Developing |a | Maintenance |Plan

  1. |Field |Personnel |can |provide |information |about |vehicles |and |what? |(pg. |10-
  1. | a. |Use |and |performance | b. |Purchasing |items c. |Support |agents | d. |People |who |use |the |vehicles |- |CORRECT |ANSWER✔✔-a. |Use |and | performance
  1. |What |is |an |export |shipment |of |a |controlled |item |or |technology? |(pg. |11-1) | a. |Sharing |Technology | b. |Consulting | c. |Export |control | d. |Sales |- |CORRECT |ANSWER✔✔-c. |Export |control
  2. |Who |controls |exports |of |sensitive |equipment, |software, |and |technology? | (pg. |11-2) | a. |Zangger |Committee | b. |U.S. |Government |or |USG | c. |Missile |Technology | d. |Wassenaar |Arrangement |- |CORRECT |ANSWER✔✔-b. |U.S. |Government |or | USG
  3. |What |segment |of |the |U.S |Government |implements |the |Arms |Export |Control | Act |(AECA)? |(pg. |11-3) | a. |The |Department |of |State | b. |ITAR |(International |Traffic |in |Arms |