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

1. In which application are new asset types created?

A) Domains
B) Specifications
C) Classifications
D) Assets

2. IBM Maximo Asset Management for Nuclear Power helps organizations adhere to a process of qualifying materials and services provided by vendors. Which statement is true regarding the activities impacted by this benefit?

A) It extends across work planning, materials management, procurement, and vendor management.
B) It extends across fixed asset procurement and recovery and vendor management.
C) It extends across work planning, vendor management, and release management.
D) It extends across vendor management and service level agreements.

3. What is the default reporting solution for IBM Maximo Asset Management as shipped with the product?

A) Crystal Reporting
B) IBM Cognos Business Intelligence
C) Business Intelligence Reporting Tool
D) IBM Tivoli Common Reporting

4. In which two applications can tax exempt status be selected? (Choose two.)

A) Stocked Tools
B) Inventory
C) Tools
D) Inventory Usage
E) Item Master

5. What is the process for editing an approved price contract?

A) Revise the contract
B) Duplicate the contract
C) Suspend the contract
D) Release the contract

Solutions: