Test Your Knowledge of Storage and Warehousing Procedures!

• Storage refers to the receiving, storage, and distribution of commodities for safety and availability.
• Warehousing involves procedures such as material receipt, arrangement, and recording.
• Issuance is the transfer of property custody, while utilization promotes efficiency and economy in property use.
• Guidelines for using facilities and equipment should be followed, and repairs and maintenance should be included in a program.
• Maintenance keeps equipment usable, while major or extraordinary repair increases its value or extends usable life.
• Repair requests must be approved, and expenses should not exceed 30% of fair market value.
• Pre-repair inspection reports must be provided to COA within 5 days.
• Designated employees or private contractors are responsible for replacing damaged parts.
• An inventory custodian slip is generated for monitoring supplies and materials with a useful life of over one year.
• An acknowledgement receipt for equipment is generated for non-expendable property and equipment.

Are you familiar with the essential aspects of storage and warehousing? Test your knowledge with this quiz! Learn about the procedures involved in material receipt, arrangement, and recording, as well as the guidelines for using facilities and equipment. Explore the importance of maintenance and repair, and understand the processes involved in property transfer and custodianship. This quiz is perfect for anyone looking to brush up on their knowledge of storage and warehousing procedures.