Government Property Management

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5 Questions

True or false: Property management involves the oversight of real estate, personal property, equipment, tooling, and physical capital assets.

True

True or false: Government property only includes real estate and personal property.

False

True or false: The three primary steps of government property management are acquisition, utilization, and disposal.

True

True or false: Procurement is the acquisition of goods, services, and infrastructure projects by the Procuring Entity.

True

True or false: Transparency, competitiveness, and accountability are guiding principles for government procurement.

True

Study Notes

Test your knowledge on Government Property Management with this informative quiz! Get a grasp on the operation, control, and oversight of various types of assets acquired and used to manufacture, repair, and maintain end item deliveries. Evaluate your understanding of acquisition, control, accountability, responsibility, maintenance, utilization, and disposition of physical capital assets. Enhance your skills and learn more about proper custodianship with this engaging quiz!

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