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QUESTION NO: 1
Which three are important Account concepts that must always be followed? (Choose three.)
A. Every Account has a unique, system-assigned Account ID.
B. Bills are produced for an account and are sent to the account persons.
C. An Account references one or more persons.
D. Accounts expire when there are no active contracts.
E. An Account can only reference one and only one person at one time.
Answer: A,B,E
QUESTION NO: 2
In addition to sets of procedures, and careful handling instructions for hazardous or delicate materials, whatcan Specifications include to provide information about assets or other entities?
A. Specifications
B. Conditions
C. Attributes
D. Rules
Answer: A
QUESTION NO: 3
Which three statements are true in relation to a Payment Arrangement Request? (Choose three.)
A. determines if the Payment Arrangement Request requires approval
B. creates the Payment Arrangement Service Agreement
C. ensures creation of either Pay Plan or Payment Arrangement
D. examines the Account's eligibility for Payment Arrangement
E. calculates delinquent amount for Service Agreements eligible for Payment Arrangement
Answer: A,B,D
QUESTION NO: 4
When a customer has a specific price for a defined quantity which is different to other customers, where is thisspecific price for the related Bill Factor defined?
A. Bill Factor Characteristic
B. Calculation Rule
C. Service Agreement - Contract Value
D. Bill Factor Value
E. Account Characteristic
Answer: C
QUESTION NO: 5
Which statement is true about specifications?
A. Specifications can include peer specifications.
B. A single specification can only be used on one asset.
C. Specifications include the inspection history of an asset.
D. Specifications apply only to assets and not to components.
Answer: B
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Updated: May 28, 2022