QUESTION 101 Who is responsible for providing a storage or holding area for property pending use? A. Building Manager B. Receiving Manager C. Property Manager D. Program Manager Correct Answer: QUESTION 102 Transportation of Hazardous material is governed by statutory requirements (Laws) and codified in the Code of Federal Regulations (CFR). The section of the CFR dealing with Transportation of Hazardous material is: A. 48 CFR B. 45 CFR C. 49 CFR D. 47 CFR Correct Answer: QUESTION 103 What is the repair threshold most often used by the government? A. 50% B. 65% C. 45% D. 30% Correct Answer: QUESTION 104 What process in the maintenance area, will result in less downtime, fewer quality problems and significant organization cost savings? A. Maintenance inspection B. Maintenance material ordering history C. Maintenance plan D. Maintenance records Correct Answer: QUESTION 105 From the property manager's point of view, what must be in place to ensure property is properly recorded and that timely corrections are made to miscoded transactions? A. Property managers must be knowledgeable and understand the details B. Technical needs or requirements to verify business needs C. Policies and procedures D. A detailed business continuity plan Correct Answer: QUESTION 106 In the receiving process, what must the property manager ensure is in place to control property and support the business objectives of the organization? A. Periodic reviews of use are performed B. Established policies and procedures C. Established reutilization program D. A metric for the effectiveness of property use Correct Answer: QUESTION 107 Which of the following demonstrates the value of property management to an organization? A. Receiving Process B. Physical Inventory Process C. Records Management Process D. Reporting Process Correct Answer: QUESTION 108 What program will transfer excess property to fill authorized program requirements that might otherwise be limited by inadequate funding? A. Maintenance Program B. Procurement Program C. Reutilization Program D. Business Continuity Program Correct Answer: QUESTION 109 What type of order should be generated when the cost for an individual job or task is not specifically assignable? A. Common Consumption Order B. Common Production Order C. Common Transfer Order D. Common Restock Order Correct Answer: QUESTION 110 Which operation is responsible for the storage of surplus items awaiting disposal? A. Warehousing B. Salvage sales C. Logistics D. Program Management Correct Answer: