IAM-CERTIFICATE VISUAL CERT TEST - NEW IAM-CERTIFICATE PRACTICE MATERIALS

IAM-Certificate Visual Cert Test - New IAM-Certificate Practice Materials

IAM-Certificate Visual Cert Test - New IAM-Certificate Practice Materials

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IAM The Institute of Asset Management Certificate Sample Questions (Q49-Q54):

NEW QUESTION # 49
Which of the following statements is not a management asset?

  • A. a recognition that assets have a life cycle
  • B. a substitute for quality management
  • C. an approach that looks to get the best out of the assets for the benefit of the organisation and/or its stakeholders
  • D. understanding and managing the risk associated with owning assets

Answer: B


NEW QUESTION # 50
According to ISO 55000, assets is .....

  • A. Item, thing or entity that has potential or actual value to an organization.
  • B. A type of investment that represents an ownership share in a company
  • C. Processed, organized and structured data
  • D. Refers to all the materials available in our environment

Answer: A


NEW QUESTION # 51
A definition of asset management is:

  • A. a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations
  • B. The optimal maintenance an organisation undertakes on its assets?
  • C. The optimal life cycle management of physical assets to sustainably achieve the stated business objectives?
  • D. A clear understanding of the linkages between each stage in the asset lifecycle?

Answer: B


NEW QUESTION # 52
Which are included in the asset life cycle :

  • A. Acquire - Corporate- Operate - Dispose
  • B. Acquire - Commission - Operate - Diaspora
  • C. Acquire - Commission - Performance- Dispose
  • D. Acquire - Commission - Operate - Dispose

Answer: D


NEW QUESTION # 53
What is the correct top-down hierarchy order for the following PAS 55 defined documents?

  • A. Asset Management Policy, Strategy, Objectives and Plans
  • B. Asset Management Policy, Objectives, Strategy and Plans
  • C. Asset Management Strategy, Policy, Objectives and Plans
  • D. Asset Management Policy, Plans, Strategy and Objectives

Answer: A


NEW QUESTION # 54
......

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