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Questions and Answers
What does storage refer to?
What does storage refer to?
- The distribution of commodities for safety and availability
- The receiving, storage, and distribution of commodities for safety and availability (correct)
- The transfer of property custody
- The arrangement and recording of materials
What procedures are involved in warehousing?
What procedures are involved in warehousing?
- Material receipt, arrangement, and recording (correct)
- Transfer of property custody
- Utilization for efficiency and economy
- Repairs and maintenance
What is utilization?
What is utilization?
- Procedures for material receipt
- Storage and distribution of commodities
- Transfer of property custody
- Efficiency and economy in property use (correct)
What should be included in a program for equipment maintenance?
What should be included in a program for equipment maintenance?
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What is the maximum amount that repair expenses should exceed?
What is the maximum amount that repair expenses should exceed?
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How long does COA have to receive pre-repair inspection reports?
How long does COA have to receive pre-repair inspection reports?
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Who is responsible for replacing damaged parts?
Who is responsible for replacing damaged parts?
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Study Notes
- 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.
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