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IBM Maximo Asset Management V7.1 Solution Design Sample Questions:

1. As part of the solution, multiple organizations and sites have to be created and rotating assets will be moved between sites that beiong to different organizations. What must be done to meet this requirement?

A) Create a global rotating suspense account.
B) Create a common location.
C) Create a company set and assign it to all organizations.
D) Create an item set and assign it to all organizations.

2. Which external system can be interfaced to IBM Maximo Asset Management V7.1 to import meter readings?

A) Hubometer
B) Control System
C) General Ledger
D) Fixed Assets

3. What is the primary use of the ABC Type for ABC Analysis on an item?

A) ABC Analysis in Inventory lets one quickly identify which inventory items represent their company'sgreatest investment in terms of monetary value.
B) The ABC Type determines count frequency and break points for classification to be used whenperforming cycle counts.
C) ABC Analysis in Inventory lets one quickly identify which inventory items represent their company'sgreatest investment in terms of monetary value and turnover rate.
D) ABC Analysis in Inventory lets one quickly identify which inventory items represent their company'sgreatest investment in terms of turnover rate.

4. As part of setting up IBM Maximo Asset Management V7.1 organizations (0) are required to be created and an organization has to be activated. What are the required steps to activate an organization?

A) Define the asset account code, update organizations clearing account, and activate the organization.
B) Define the GL accounts codes, update organizations clearing account, and activate the organization.
C) Create a GL account, update organizations transfer asset account, and activate the organization,

5. What is a feature of the Select Action menu in Report Administration?

A) Define application security for reports.
B) Create new reports.
C) Schedule a report.
D) Export a report definition.

Solutions: