TOP CMRP VALID TEST PAPERS & LEADER IN CERTIFICATION EXAMS MATERIALS & LATEST UPDATED NEW CMRP TEST TOPICS

Top CMRP Valid Test Papers & Leader in Certification Exams Materials & Latest updated New CMRP Test Topics

Top CMRP Valid Test Papers & Leader in Certification Exams Materials & Latest updated New CMRP Test Topics

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Tags: CMRP Valid Test Papers, New CMRP Test Topics, Pdf CMRP Format, Reliable CMRP Exam Question, CMRP Accurate Answers

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SMRP Certified Maintenance & Reliability Professional Exam Sample Questions (Q33-Q38):

NEW QUESTION # 33
(%) = [Preventive Maintenance Cost ($) ÷ Total Maintenance Cost ($)] ×
100 → Corrective Maintenance Hours Formula

  • A. False
  • B. True

Answer: A


NEW QUESTION # 34
What aspect of improving reliability is most often overlooked?

  • A. Development of employee skills in root cause analysis
  • B. Assessing the impact of change on the workforce
  • C. Computerized Maintenance Management System (CMMS) functionality
  • D. Application of state-of-the-art condition monitoring technologies

Answer: B


NEW QUESTION # 35
Which of the following is a disadvantage of the FIFO system?

  • A. Current revenues are distinct from older costs.
  • B. It is more difficult to manipulate.
  • C. Ending inventory is significantly different than current replacement cost.
  • D. It cannot be compared with the matching of cost flow and physical flow by the specific identification system.

Answer: B

Explanation:
One disadvantage of the first-in, first-out (FIFO) system is that it is more difficult to manipulate. That is, because the order in which products enter and leave inventory is predetermined, the business cannot structure imports and exports to increase or decrease inventory levels. Another problem with the FIFO system is that current revenues are matched with older costs, which can create confusion. Also, ending inventory will be roughly the same as current replacement cost, though this is an advantage of the FIFO system. Finally, the specific identification system's method of matching cost flow and physical flow is very similar to the FIFO system.


NEW QUESTION # 36
A large manufacturing company installed some asset monitoring device large motors that were deemed critical equipment. The monitoring devices engineering with vibration data, acoustic data, as well as operational performance data. What asset management strategy has the company selected for the

  • A. CBM (Conditioned Based Maintenance)/PDM (Predictive Maintenance)
  • B. OBM (Operational Based Maintenance/CM (Corrective Maintenance)
  • C. PM (Preventive Maintenance/OBM Operator Based Maintenance)
  • D. CBM (Condition Based Maintenance/CM (Corrective Maintenance)

Answer: A


NEW QUESTION # 37
Which method of costing inventory most closely approximates the current cost of inventory as listed on the balance sheet?

  • A. Weighted-average
  • B. First-in, first-out
  • C. Specific identification
  • D. Last-in, first-out

Answer: B

Explanation:
The first-in, first-out (FIFO) method of costing inventory most closely approximates the current cost of inventory as listed on the balance sheet. This is because the FIFO inventory cost flow method inventory includes all of the units purchased most recently and, therefore, those whose cost will be most closely aligned with the costs expressed on the balance sheet. Conversely, there is no guarantee that the specific identification would include the most recent items, and the weighted-average method would take into account both current and older costs. The last-in, first-out method would represent the oldest inventory costs.


NEW QUESTION # 38
......

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