Download IBM Maximo Asset Management v7.6 Functional Analyst.C2010-555.CertKey.2019-02-27.72q.vcex

Vendor: IBM
Exam Code: C2010-555
Exam Name: IBM Maximo Asset Management v7.6 Functional Analyst
Date: Feb 27, 2019
File Size: 56 KB

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Demo Questions

Question 1
A dispatcher needs to know the available staff for any given day. Laborers must track vacation time for the dispatcher to use. 
Where can this be done?
  1. Define Person Availability in the People application
  2. Modify Person Availability in the People application
  3. Define Person Availability in the Calendars application
  4. Modify Person Availability in the Calendars application
Correct answer: A
Explanation:
Reference: https://www.ibm.com/developerworks/community/wikis/home?lang=en#!/wiki/IBM%20Maximo%20Asset%20Management/page/Using%20WO%20Ticket%20calendars%20in%20SLAs%20to%20set%20target%20dates%20in%20tickets
Reference: https://www.ibm.com/developerworks/community/wikis/home?lang=en#!/wiki/IBM%20Maximo%20Asset%20Management/page/Using%20WO%20Ticket%20calendars%20in%20SLAs%20to%20set%20target%20dates%20in%20tickets
Question 2
A company has a requirement to report on actual labor hours, materials, services and tools used as work progresses on a work order. 
What is the earliest point in the basic life cycle a user can start reporting?
  1. APPR
  2. COMP
  3. WMATL
  4. WAPPR
Correct answer: A
Explanation:
Reference: http://www-01.ibm.com/support/docview.wss?uid=swg21683844
Reference: http://www-01.ibm.com/support/docview.wss?uid=swg21683844
Question 3
A vendor requires a payment of 20% of the purchase price when the purchase order (PO) is sent and the company wants to withhold of the payment until 90 days after receiving the item before final payment is made. 
How would this be accomplished?
  1. A Purchase Requisition would be created and three invoices would be generated via the invoicing application. One invoice for 20%, one for 60% and one for 20%.
  2. A Price Contract would be created with a payment schedule with an invoice of 20% at the time the PO is Approved, an invoice of 60% at the time the item is received and another invoice for 20% 90 days after receipt.
  3. A Blanket Contract would be created with a payment schedule with an invoice of 20% at the time the PO is Approved, an invoice of 60% at the time the item is received and another invoice for 20% 90 days after receipt.
  4. A Purchase Contract would be created with a payment schedule with an invoice of 20% at the time the PO is Approved, an invoice of 60% at the time the item is received and another invoice for 20% 90 days after receipt.
Correct answer: D
Question 4
A company wishes to group its location records into a hierarchy to assist users in searching for assets. 
How can this be accomplished?
  1. Location Groups can be created and LIVE locations added.
  2. Locations can be linked by using the Related Records tab in the Locations application.
  3. Location records will need to be added to a network and can only include locations with an ACTIVE status.
  4. Location records need to be added a system and can only include locations with an OPERATING type.
Correct answer: D
Question 5
A company has assets at multiple locations that require maintenance. There is a requirement to have a single work order with charges rolled up to a single GL account. 
How can that be achieved?
  1. Create a task work order for each asset.
  2. Create a child work order for each asset.
  3. Add a job plan that has the assets associated.
  4. Add the assets in Multiple Assets, Locations and Cls.
Correct answer: B
Explanation:
Reference: https://www.ibm.com/developerworks/community/files/basic/anonymous/api/library/41abc2d2-e1ec-4709-8b27-4937d78f9909/document/ec94eee2-7378-4241-a9c2-62499183955a/media
Reference: https://www.ibm.com/developerworks/community/files/basic/anonymous/api/library/41abc2d2-e1ec-4709-8b27-4937d78f9909/document/ec94eee2-7378-4241-a9c2-62499183955a/media
Question 6
An administrator has a requirement to create 44 new assets that each share a common configuration. 
Which application can do this with a single action?
  1. Assets
  2. Item Master
  3. Classifications
  4. Asset Templates
Correct answer: D
Explanation:
Reference: http://www.ibm.com/support/knowledgecenter/SSWK4A_7.5.0/com.ibm.mame.doc/c_essentials_oview.html
Reference: http://www.ibm.com/support/knowledgecenter/SSWK4A_7.5.0/com.ibm.mame.doc/c_essentials_oview.html
Question 7
A user belongs to two non-independent security groups, Group A and Group B. Group A has a purchasing limit of $7000 and Group B has a purchasing limit of $8000. 
What is the purchasing limit of a user who belongs to both security groups?
  1. $7000
  2. $8000
  3. $15000
  4. $56000
Correct answer: B
Question 8
What costing method should be used if the receipt cost of items that are the newest in stock is required?
  1. LIFO
  2. FIFO
  3. Average
  4. Standard
Correct answer: A
Explanation:
Reference: http://www.ibm.com/support/knowledgecenter/SSLKT6_7.5.0/com.ibm.mam.doc/glossary/glossary.html
Reference: http://www.ibm.com/support/knowledgecenter/SSLKT6_7.5.0/com.ibm.mam.doc/glossary/glossary.html
Question 9
Which report option provides multiple access points for an end user to run reports including the toolbar shortcuts of Browser View, Direct Print, Direct Print with Attachments and direct access from application dialogs including Work Order Status Change and Inventory Reorder?
  1. ERI
  2. BIRT
  3. Cognos
  4. SQL Server
Correct answer: B
Explanation:
Reference: https://www.ibm.com/developerworks/community/wikis/home?lang=en#!/wiki/IBM%20Maximo%20Asset%20Management/page/BIRT%20Reporting
Reference: https://www.ibm.com/developerworks/community/wikis/home?lang=en#!/wiki/IBM%20Maximo%20Asset%20Management/page/BIRT%20Reporting
Question 10
An approved work order has been assigned an incorrect job plan. 
How do you correct this?
  1. Change the Job Plan Revision to the correct revision.
  2. Clear the Job Plan field and enter the correct job plan.
  3. Create a Follow-up work order with the correct job plan.
  4. Select Remove Work Plan from the More Actions menu and enter the correct job plan.
Correct answer: D
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