C2010-555 Practice Test

A rotating asset has been inspected and approved. The asset is then found to be faulty and
needs to be returned to the vendor. What will happen to the asset after it has been returned? (Choose two)

A.

Asset status will change to DECOMMISSIONED.

B.

Asset record will be deleted after it has been returned.

C.

Returnedto Vendor checkbox has been selected and made read-only.

D.

Asset status will change to INACTIVE when there is no inventory balance.

E.

Asset will be changed to a non-rotating asset and no longer reside in the storeroom

A company has a requirement that certain GL Accounts expire. In which application can
this be defined?

A.

Financial Periods

B.

Cost Management

C.

Chart of Accounts

D.

Database Configuration

Which application must be used to create services that can be selected from a value list on
a purchase order?

A.

Service Items

B.

Service Records

C.

CommonServices

D.

Standard Services

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

A company has a requirement to share calendar, classification, job plan, item description
and PM data.
What needs to be created?

A.

Single organization, single site environment

B.

Multiple organization with a shared site environment

C.

Multiple organizations with one site per organization environment

D.

Multiple organizations with multiple sites per organization environment