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NPMA CPPS PRACTICE TEST QUESTIONS AND ANSWER, Exams of Advanced Education

Chamberlain College of NursingAdvanced Education

NPMA CPPS PRACTICE TEST QUESTIONS AND ANSWER

Typology: Exams

2025/2026

Available from 03/05/2026

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NPMA CPPS PRACTICE TEST
QUESTIONS AND ANSWERS WITH
CORRECT SOLUTIONS UPDATED
2025/2025 GRADED A+
What is the first step of the approval process when making a purchase? - CORRECT
ANSWES -- 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 _________. -
CORRECT ANSWES -- 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? - CORRECT ANSWES -- Receiving
What establishes delegation of authority for signature approval thresholds and types of
property for those signature levels? - CORRECT ANSWES -- 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
___________. - CORRECT ANSWES -- 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. - CORRECT ANSWES -- Receiving voucher log
What is a disadvantage of centralized receiving? - CORRECT ANSWES -- Slower turn-
around time for deliveries
What information is NOT typically recorded in a receiving voucher log? - CORRECT
ANSWES -- Purchasing department order date and cost
Why is it important that the Receiving department inspect for damage? - CORRECT
ANSWES -- Provide information for a potential return of the item to the vendor
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NPMA CPPS PRACTICE TEST

QUESTIONS AND ANSWERS WITH

CORRECT SOLUTIONS UPDATED

2025/2025 GRADED A+

What is the first step of the approval process when making a purchase? - CORRECT ANSWES -- Obtaining approval to spend budgeted organizational funds

  1. When a decision has been made to buy new equipment, considerations should be decided, such as: immediate availability, extended service warranties, and _________. - CORRECT ANSWES -- 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? - CORRECT ANSWES -- Receiving What establishes delegation of authority for signature approval thresholds and types of property for those signature levels? - CORRECT ANSWES -- 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 ___________. - CORRECT ANSWES -- 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. - CORRECT ANSWES -- Receiving voucher log What is a disadvantage of centralized receiving? - CORRECT ANSWES -- Slower turn- around time for deliveries What information is NOT typically recorded in a receiving voucher log? - CORRECT ANSWES -- Purchasing department order date and cost Why is it important that the Receiving department inspect for damage? - CORRECT ANSWES -- Provide information for a potential return of the item to the vendor

What is the document most organizations use that describes and conveys the process steps taken to produce a desired result? - CORRECT ANSWES -- Procedure Which of the following terms means "to possess and have use of property of another with delegated responsibilities"? - CORRECT ANSWES -- Accountability What element is crucial to the entire process of the property control system? - CORRECT ANSWES -- Records When does the Acquisition begin? - CORRECT ANSWES -- Needs have been defined What is one accomplishment by tagging of new, incoming property? - CORRECT ANSWES -- Establishes the official record for that item Types of property that generally require serialized tags are: - CORRECT ANSWES -- Government property sensitive property Reasons accountable property is tagged because of its sensitivity, requirement for control and what? - CORRECT ANSWES -- Dollar value What does the accuracy of bar-code technology depend on? - CORRECT ANSWES -- The accuracy of the data capturing process Assets acquired by the subcontractor must be tagged in accordance with the _____________ policies and procedures unless otherwise specified in the subcontract award document. - CORRECT ANSWES -- Prime contractor's What is the method of inventory and distribution that moves the oldest items in storage to the location where they will be used first (i.e. there is concern that the items may have a limited shelf-life)? - CORRECT ANSWES -- FIFO Warehouse operations include several integrated functions, including: - CORRECT ANSWES -- Space allocation What does using proper temperature and humidity controls in a warehouse environment help ensure? - CORRECT ANSWES -- Does not deteriorate when being stored Just-in-time (JIT) delivery has both advantages and disadvantages. What is one DISADVANTAGE? - CORRECT ANSWES -- Increases the costs of purchased goods Which of these is NOT a factor that should be considered when deciding on the appropriate layout of a warehouse? - CORRECT ANSWES -- Acquisition method of items

Periodic inventories are based on what factors if not mandated by specific contract language? - CORRECT ANSWES -- Type, location, and value of the property Which type of physical inventory would one use if a 100% inventory is not cost effective or used for low cost consumable items? - CORRECT ANSWES -- Statistical Sampling The Property Manager must establish support and maintain the utilization program by actively participating in the management processes that establish and adjust requirements on which the business is based. Some of these processes are: - CORRECT ANSWES -- Managing current leases and proposing new leases Using assets provided by another entity for the unauthorized purpose could result in which of the following: - CORRECT ANSWES -- Create a liability for the organization Which is considered a benefit of property reutilization program? - CORRECT ANSWES -- Transfer available excess property among departments in lieu of new purchases To have a reutilization program that works effectively, the property system must: - CORRECT ANSWES -- Identify excess assets and obsolete items The primary objectives of an effective utilization management program are: - CORRECT ANSWES -- To maximize the use of the asset throughout its useful life For future use, items recovered from repair work, rework, testing, or cannibalization are:

  • CORRECT ANSWES -- Return to stores What can be prevented with a property consumption program? - CORRECT ANSWES -- Loss or theft of inventory A solid consumption program is based on which following item? - CORRECT ANSWES -- Identifying requirements Demand changes can affect which of the following? - CORRECT ANSWES -- Receipt of different items A solid consumption program is based on which of the following items? - CORRECT ANSWES -- Reviewing and adjusting requirements as needs change When property is damaged or is no longer usable it may still have material value. What is one way to disposition an item with material value only to receive revenues and avoid the cost of waste management? - CORRECT ANSWES -- Recycling Which organization should partner with Property Management to ensure available excess property is effectively reviewed and screened for re-use before property is acquired? - CORRECT ANSWES -- Procurement

For security purposes, what department should be responsible for making certain that all sensitive data is removed from computers? - CORRECT ANSWES -- Information Technology (IT) Department Which type of sale is useful for an organization producing large quantities of the same type materials which can be recycled? - CORRECT ANSWES -- Annual Contract The selling of property to the highest bidder, who may be present or bidding remotely or by proxy is which type of sale? - CORRECT ANSWES -- Auction When are property records modified? - CORRECT ANSWES -- Throughout the entire property life cycle What does reutilization reduce? - CORRECT ANSWES -- Redundant purchases