A05 - Managing Asset Lifecycles
10 Questions
| Total Attempts: 599
Questions and Answers
- 1.The In-Service Indicator is located on the Asset UDF page and is what signifies if the Asset is currently In-Service or Out of Service.
- A.
True
- B.
False
- 2.When the In-Service indicator is unchecked, this will begin to track the downtime for the Asset and record the data for reporting.
- A.
True
- B.
False
- 3.Which feature(s) can be triggered by an Asset being set as Out of Service?
- A.
Events and Alerts
- B.
Conditional Formatting
- C.
Scheduled Reporting
- D.
All of the above
- E.
None of the above
- 4.When setting an Asset Out of Service, which of the following fields are required? (Select all that apply)
- A.
Sub-Status
- B.
Approval
- C.
Shutdown Date/Time
- D.
Reason for Shutdown
- 5.What is the recommended way to handle permanently inactive Assets?
- A.
Delete them
- B.
Leave as is
- C.
Create Parent Asset to store all Inactive Assets
- D.
None of the Above
- 6.Asset Downtime is the transaction recorded each time an Asset is removed from service.
- A.
True
- B.
False
- 7.What determines location change records for Assets?
- A.
Repair Center change
- B.
Classification change
- C.
Shop change
- D.
Asset Type change
- 8.Work Order History for an Asset is stored in the Asset History tab, Work Orders sub-tab.
- A.
True
- B.
False
- 9.What kind of criteria can be used on a Work Order report to limit Asset specific information? (Select all that apply)
- A.
Location/Asset
- B.
Asset Classification
- C.
Preventative Maintenance
- D.
All of the above
- E.
None of the Above
- 10.Which report is beneficial for tracking Asset location changes?
- A.
Asset Meter Form by Location
- B.
Asset Classification History by Location
- C.
Asset Type History by Location
- D.
Asset Moves by History Location
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