Managing Asset Lifecycles Question and Answers

0%

What procedure is advised for handling assets that are inactive permanently?

Correct! Wrong!

Explanation:
The recommended way to handle permanently inactive assets is to create a parent asset to store all inactive assets.

True or False: When the In-Service indicator is unchecked, the Asset's downtime will start to be tracked, and data will be recorded for reporting.

Correct! Wrong!

Explanation:
Holds that restrict a person or organization from receiving specific services or positive indicators that indicate specific services will be supplied are both examples of service indicators. The types of specific services that are prohibited or offered are identified by one or more effect values that make up the service indicators.

True/False: The Asset History tab's Work Orders sub-tab contains the Asset's Work Order History.

Correct! Wrong!

Explanation:
Asset module's sub-tab for work orders When opening the History sub-tab for the first time, the Work Orders sub-tab is automatically displayed. All work orders created on behalf of the asset are listed in the Work Orders sub-tab.

What factors affect records of location changes for Assets?

Correct! Wrong!

Correct answer:
Repair Center change

What feature(s) can be activated by setting an asset to "Out of Service"?

Correct! Wrong!

Correct answer:
All of the above

True or False: When an asset is taken out of service, a transaction is documented.

Correct! Wrong!

Explanation:
Each downtime event for the asset is listed in the Downtime sub-tab. Maintenance Connection keeps track of each time an asset is taken out of service. The record is updated with the appropriate return date when the asset is put back into service.

Which of the following fields must be filled out when declaring an asset out of service?

Please select 2 correct answers

Correct! Wrong!

Correct answer:
Reason for Shutdown
Shutdown Date/Time

Premium Tests $49/mo
FREE Feb-2024