IBM Maximo Asset Management V7.5 Fundamentals v8.0 (C2010-595)

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Total 92 questions

Which two statements are true about FIFO cost?

  • A. It is associated with inventory balances.
  • B. It is associated with quantities and receipt dates.
  • C. It is used when the standard cost is greater than the average cost.
  • D. It is used when it is necessary to issue oldest receipted items in stock first.
  • E. It is used when the receipt cost of items that are the newest in stock are considered.

Answer : C,D

Which three status codes are valid in an assignment?

  • A. WAPPR

Answer : A,C,E

What is the term assigned for each step in a work plan?

  • A. Task
  • B. Child
  • C. Relationship
  • D. Work Order

Answer : A

When can an invoice be created from the Labor Reporting application?

  • A. When the labor is approved.
  • B. When the work order is approved.
  • C. When the labor is waiting approval.
  • D. When the work order is completed.

Answer : D

Which statement is true when working with condition codes?

  • A. Only one condition code can be used per item set.
  • B. Condition codes are not considered when an item is issued.
  • C. A condition rate of 100% must exist for at least one condition code.
  • D. Condition codes can only be associated with an item in the Item Master application.

Answer : C

To schedule labor using Assignment Manager, what must be specified on the person record in the People Application?

  • A. Nothing
  • B. Ashift only
  • C. Acalendar only
  • D. Acalendar and a shift

Answer : D

Which two fields are mandatory when creating a new labor reporting transaction?

  • A. Type
  • B. Asset
  • C. Vendor
  • D. Location
  • E. Regular Hours

Answer : A,E

How is the description field updated on a work order when a route is applied?

  • A. If the route stop has no description, the first job plan task becomes the description.
  • B. If the route stop has a description, the route description becomes the work order description.
  • C. If the route stop has a description and refers to an asset, the route description becomes the asset description.
  • D. If the route stop has no description and refers to an asset, the route description becomes the route stop description.

Answer : B

When a location's status is changed to Decommissioned, what happens with preventive maintenance (PM) records associated with the location?

  • A. PM's cannot be associated to the location.
  • B. Set PMs to inactive for location from the Select Actions menu.
  • C. Nothing happens because a PM can be active in a decommissioned location.
  • D. Check the appropriate check box in the Change Status dialog box of the Locations application so all PM's are set to Inactive.

Answer : D

Which two options are available when choosing to e-mail scheduled reports from the
Request page?

  • A. Recurring
  • B. Immediate
  • C. Scheduled
  • D. On-Demand
  • E. At this Time

Answer : A,D

Which statement describes a rotating item?

  • A. It is a consumable part.
  • B. It is issued but not transferred.
  • C. It has a corresponding asset number.
  • D. It is an installed asset that never moves.

Answer : D


Which two frequency criteria are used when a master preventive maintenance record is created?

  • A. job plan
  • B. time based
  • C. meter based
  • D. failure trends
  • E. calendar based

Answer : B,C

What are three usage types associated with an inventory usage record?

  • A. Issue
  • B. Mixed
  • C. Return
  • D. Receipt
  • E. Transfer
  • F. Shipment

Answer : A,C,F

A soft reservation is a request that is defined by what?

  • A. The priority of the work order
  • B. Arequest for items for any job
  • C. Items not subject to a timeframe
  • D. The need for an item at a specific time

Answer : C

Which two tasks can the Preventive Maintenance (PM) application be used to accomplish?

  • A. Auto-generate work orders per classification.
  • B. Auto-generate work orders at the organization level.
  • C. Select specific days, months, or seasons to generate work orders from a PM.
  • D. Create a PM hierarchy to schedule a group of work orders for an asset or location hierarchy.
  • E. Assign nested job plans to a master PM so that different levels of maintenance work can be scheduled at specified intervals.

Answer : B

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Total 92 questions