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L4M7 Exam Dumps : Whole Life Asset Management

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Whole Life Asset Management Questions and Answers

Question 1

Which one of the following statements is true about radio frequency identification (RFID)?

Options:

A.

RFID tags require laser scanning.

B.

A passive RFID tag does not use an antenna

C.

An active RFID tag does not require a power source

D.

Normally passive RFID tags store ID numbers

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Question 2

A manufacturer has discovered that some of the stock in its storeroom is obsolete and now wishes to take the appropriate action. Should the manufacturer write the stock off?

Options:

A.

No, the best approach would be to leave the stock where it is

B.

Yes, as it has no value it must be written off

C.

Yes, this will increase the sales for the period

D.

No, it should be included with the closing stock

Question 3

Which of the following are recognised as disadvantages of ERP systems? Select TWO that apply.

Options:

A.

High initial investment

B.

Required intensive employee training

C.

Only applied to manufacturing

D.

Lower factory efficiencies

Excluded inventory records