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IBM Fundamentals of Applying Maximo Asset Management Solutions V3 Sample Questions:

1. Which inventory costing option would be used if the items are utilized in the order in which they are received?

A) FILO
B) LEO
C) FIFO
D) LILO

2. Which two key capabilities are essential for executing an effective gap-fit analysis? (Choose two.)

A) detailed understanding of the capabilities of the software that are candidates for implementation
B) detailed understanding of the as-is and to-be customer Enterprise Asset Management business processes
C) detailed understanding of certain characteristics and components of the customer organization
D) detailed understanding of the as-is and to-be customer organization
E) detailed knowledge of the reference architecture from the standard software

3. Which function has the ability' to integrate with external applications through Web Services?

A) Maximo Integration Framework
B) Maximo Integration and Solution Manager
C) IBM Tivoli Integration Composer
D) IBM Tivoli Integration Service Automation Manager

4. Which option is used to define the PM schedule in addition to elapsed time?

A) Meter Readings
B) Work Schedule
C) Route Sequence
D) Job Plan Priority

5. In which scenario can an invoice be approved without a purchase order or contract reference?

A) Items are returned to the vendor
B) A credit from the vendor is received
C) No invoice lines exist
D) A service or standard service is being invoiced

Solutions: