C2010-555 Free Practice Test

A company wishes to create a location that is used during the receiving process when inspection occurs. Which type of location is used?

1. A. A HOLDING location at the SITE level.
2. B. A CLEARING location at the ORG level.
3. C. A RECEIVING location at the SITE level.
4. D. An INSPECTION location at the ORG level.

Correct Answer: A

A company has an asset that has failed and an administrator needs to create a work plan that includes exact steps and descriptions that need to be followed to get the asset in operating status. Which option does the administrator need to follow?

1. A. Create follow up work orders
2. B. Create Job Plan from Work Plan
3. C. Create a work order and add actuals
4. D. Create a work order, add tasks and populate the summary field

Correct Answer: D

A company purchasing agent would like to have the company purchase contracts set to expired upon the purchase contract’s expiration date. The agent would like to use the Escalation application to define the condition to check for the purchase contract expiration.
Where can the expiration contract information be specified?

1. A. Actions
2. B. Condition Evaluation
3. C. Escalation Condition
4. D. Escalation Point Elapsed Time Attribute

Correct Answer: A

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

1. A. LIFO
2. B. FIFO
3. C. Average
4. D. Standard

Correct Answer: A

The user wants to have a new job plan reference an existing job plan so that the data in the existing job plan will be available without re-entering it.
What is the name of this feature?

1. A. Nested job plans
2. B. Job plan revisions
3. C. Job plan sequences
4. D. Attachment job plans

Correct Answer: B