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Exam2pass > IBM > IBM Certifications > C2010-555 > C2010-555 Online Practice Questions and Answers

C2010-555 Online Practice Questions and Answers

Questions 4

What costing method should be used if the receipt cost of items that are the newest in stock is required?

A. LIFO

B. FIFO

C. Average

D. Standard

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Correct Answer: A

Reference: http://www.ibm.com/support/knowledgecenter/SSLKT6_7.5.0/com.ibm.mam.doc/glossary/ glossary.html

Questions 5

An approved work order has been assigned an incorrect job plan.

How do you correct this?

A. Change the Job Plan Revision to the correct revision.

B. Clear the Job Plan field and enter the correct job plan.

C. Create a Follow-up work order with the correct job plan.

D. Select Remove Work Plan from the More Actions menu and enter the correct job plan.

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Correct Answer: D

Questions 6

The maintenance supervisor is gathering data to use to build job plans. Only certain job plan will be carried over to the work orders based on the conditions applied.

What data can have conditions?

A. Services, Tools, Assets

B. Labor, Tasks, Calendars

C. Labor, Services, Materials

D. Materials, Specifications, Tools

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Correct Answer: C

Reference: http://www-01.ibm.com/support/docview.wss?uid=swg21622579

Questions 7

A company wants to trigger a PM based on a characteristic type meter. How can this be accomplished?

A. Create a master PM and link to the characteristic on the Related Records tab.

B. Create a condition monitoring point and specify the PM on the upper or lower limit.

C. Create a PM against the asset and specify the meter on the Frequency tab of the PM.

D. Create an escalation based on the characteristic meter and trigger the PM via an action.

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Correct Answer: B

Reference: ftp://ftp.software.ibm.com/software/tivoli_support/misc/ STE/2012_08_23_STE_Preventive_Maintenance_and_Condition_Monitoring.pdf

Questions 8

A company purchased many non-rotating as well as rotating assets and needs to understand the differences between them.

Which of the following are true? (Choose two.)

A. Rotating assets allow for maintaining an inventory of serialized components.

B. Both asset types allow for maintaining an inventory of serialized components.

C. Non-rotating assets allow for maintaining an inventory of serialized components.

D. Rotating assets can be held in inventory prior to moving to an operating location.

E. Non-rotating assets can be held in inventory prior to moving to an operating location.

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Correct Answer: AE

Questions 9

A user is searching for a classification to add to a record in Work Order Tracking and is unable to find the known existing classification. What could cause this?

A. Work Order record is in WAPPR status

B. User does not see the Classifications application

C. WORKORDER is not a Use With object for that classification

D. The classification is not associated with the work order's location

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Correct Answer: D

Questions 10

A company needs to ensure that the manufacturer's recommended maintenance schedule is accomplished for each asset associated to a warranty contract. How can this be done?

A. Attaching the Master PM Schedule to the Contract using Document Links

B. Identify the Unit of Measure and Meter Duration on the Contract Lines Tab

C. Entering the recommended maintenance schedule on the Terms and Conditions Tab

D. Entering the meter reading in the Master Section for the asset on the Warranty Contract.

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Correct Answer: A

Questions 11

The buyer for a vendor received an offer to acquire a specific item and if a certain quantity is ordered, a specific cost for that item will be given. Which purchase contract type needs to be created?

A. Price

B. Master

C. Blanket D. Purchase

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Correct Answer: D

Questions 12

A company has decided to discontinue the use of job plan revisioning. What application is used to accomplish this?

A. Job Plans

B. Organizations

C. System Properties

D. Application Designer

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Correct Answer: A

Questions 13

A workflow process design requires that the record be sent to the QA group if the QA Required field (a

custom field) is checked. Otherwise it can continue on to the production department.

What type of node is used to enable this?

A. Decision

B. Condition

C. Interaction

D. Subprocess

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Correct Answer: B

Reference: https://www.ibm.com/support/knowledgecenter/en/SSLKT6_7.6.0/com.ibm.mbs.doc/ pdf_mbs_workflow.pdf?view=kc (11)

Exam Code: C2010-555
Exam Name: IBM Maximo Asset Management v7.6 Functional Analyst
Last Update: Jul 04, 2026
Questions: 144

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