Asset Management Quizzes, Questions & Answers

Top Trending Quizzes

Chpt. 11 quiz assesses understanding of asset management in accounting, focusing on asset disposal, depreciation methods, and relevant GAAP disclosures. It evaluates comprehension of depreciation computation factors and...

Questions: 48 | Attempts: 212 | Last updated: Mar 21, 2023

Sample Question
When a disposal of an asset occurs, a company recognizes a gain or loss on the disposal for the difference between

The book value of the asset and the consideration received

The historical cost of the asset and the consideration given

The historical cost of the asset and consideration received

The book value of the asset and the consideration given

V7.0-06 - Asset And PM Management With Mc V7.0

This quiz assesses knowledge on MC v7.0's asset and PM management features, including Quick Search, Paste Special, Work Order creation, and the Preventive Maintenance Balancer. It evaluates understanding of system capabilities...

Questions: 10 | Attempts: 109 | Last updated: Mar 14, 2024

Sample Question
Using the new Quick Search feature in MC v7.0, the Asset Tree is searched for IDs and / or Names that match the entered value.

True

False

A05 - Managing Asset Lifecycles

This quiz, titled 'A05 - Managing Asset Lifecycles', assesses knowledge on managing asset in-service statuses, tracking downtime, and handling inactive assets. It is crucial for learners aiming to improve asset management skills...

Questions: 10 | Attempts: 608 | Last updated: Jan 14, 2025

Sample Question
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.

True

False

A02 - Overview Of Asset Details And Tabs

This quiz, titled 'A02 - Overview of Asset Details and Tabs', assesses knowledge on asset management in IT, focusing on essential data fields, classifications, and details relevant to asset tracking and maintenance within an MC...

Questions: 10 | Attempts: 1154 | Last updated: Mar 14, 2023

Sample Question
The Asset Info section stores data for the Parent, Class, Type, Asset ID, and Name. These fields are all required fields that must be filled in when new Assets are created.

True

False

Capital Assets Quiz

What do you know about capital assets? It's an opportunity for you to test your knowledge with this capital assets quiz that we have brought for you. A capital asset can be defined as any kind of property that is held by an...

Questions: 12 | Attempts: 1093 | Last updated: Aug 24, 2023

Sample Question
Revenue expenditures are expenditures to keep assets in normal operating conditions.

True

False

Recent Quizzes

Quiz #3 - Assets

Quiz #3 - Assets evaluates understanding of asset management in mortgage processes, focusing on verification of borrower's assets for down payments and closing costs, and rules about retirement asset valuation.

Questions: 10 | Attempts: 438 | Last updated: Mar 19, 2023

Sample Question
A borrower may choose to use his credit card to pay closing costs?

True

False

Ch.11

ch.11

Explore the fundamentals of depreciation in accounting through this focused quiz titled 'ch.11'. It assesses understanding of depreciation methods, principles, and concepts crucial for asset management in financial accounting,...

Questions: 40 | Attempts: 467 | Last updated: Mar 21, 2023

Sample Question
The following is true of depreciation accounting

It is not a matter of valuation

It is part of the matching of revenues and expenses

It retains funds by reducing income taxes and dividends

All of these

11 Enterprise Asset Management

This quiz on 'Enterprise Asset Management' assesses knowledge on managing technical objects, maintenance planning, and order processing. It targets skills in planning, executing, and billing maintenance tasks, crucial for...

Questions: 14 | Attempts: 842 | Last updated: Aug 29, 2023

Sample Question
Which element represents the highest level of technical objects in Enterprise Asset Management? (1 correct answer)

Pieces of equipment

Serial number

Functional location

Bills of material

CDC 2s051 Volume 5 June 2011 By Dl

CDC 2S051 VOLUME 5 JUNE 2011 BY DL

This quiz from CDC 2S051 VOLUME 5 JUNE 2011 assesses knowledge on the Standard Asset Tracking System (SATS), covering system administration, report options, and terminal types. It evaluates understanding of system boot procedures...

Questions: 56 | Attempts: 277 | Last updated: Mar 19, 2023

Sample Question
At least how many individual options does Standard Asset Tracking System (SATS) have built-in within the reports list

10

15

20

25

CDC 2s051 Practice Test. Volume 5

CDC 2S051 PRACTICE TEST. VOLUME 5

The CDC 2S051 Practice Test, Volume 5, assesses knowledge in logistics and asset management, focusing on systems like STOCK CONTROL SYSTEM and TRACKER. It evaluates skills crucial for managing military logistics and supply chain...

Questions: 53 | Attempts: 163 | Last updated: Jan 25, 2023

Sample Question
The core of asset management is the

TRACKER

STOCK CONTROL SYSTEM

RECOVERABLE ASSEMBLY PROCESS

RECOVERABLE CONSUMPTION ITEMS REQUISITION SYSTEM

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