Dominate the 1Z0-1095-24 Exam | Oracle Maintenance 2024 Certification Prep

1. Oracle 1Z0-1095-24 Exam Oracle Maintenance Cloud 2024 Implementation Professional Exam Latest Version: 6.0 DEMO Version Full Version Features: • 90 Days Free Updates • 30 Days Money Back Guarantee • Instant Download Once Purchased • 24 Hours Live Chat Support Full version is available at link below with affordable price. https://boost2certify.com/oracle/1z0-1095-24 https://boost2certify.com/oracle/1z0-1095-24 Page 1 of 6

2. Question 1. (Single Select) What is the purpose of the Asset Definition Library in Oracle Maintenance Cloud 2023? A: To store information about all assets under maintenance B: To define and maintain the asset hierarchy C: To create work orders for maintenance activities D: To execute maintenance activities on assets Correct Answer: B Explanation: Option 1: Although the Asset Definition Library may contain information about assets, its primary purpose is to define and maintain the asset hierarchy, allowing you to group assets together into systems and sub-systems. Option 2: This is the correct answer. The Asset Definition Library allows you to define and maintain the asset hierarchy, which is used throughout Oracle Maintenance Cloud for things like work order creation, planning and execution, and maintenance history tracking. Option 3: Creating work orders is not the primary purpose of the Asset Definition Library. Option 4: Executing maintenance activities would require further steps beyond defining assets in the Asset Definition Library. Question 2. (Single Select) Which of the following statements is true regarding Maintenance Analytics and Reporting in Oracle Maintenance Cloud 2023 Implementation? A: Maintenance Analytics provides real-time insights into asset performance and maintenance operations. B: Maintenance Analytics can only be accessed by administrators and cannot be shared with other users. https://boost2certify.com/oracle/1z0-1095-24 Page 2 of 6

3. C: Maintenance Analytics does not support predictive maintenance capabilities. D: Maintenance Analytics does not integrate with other business intelligence tools. Correct Answer: A Explanation: Option 1: Correct. Maintenance Analytics in Oracle Maintenance Cloud 2023 Implementation provides real-time insights into asset performance and maintenance operations. It allows users to analyze historical data, monitor key performance indicators, and identify trends and patterns to make data-driven decisions. Option 2: Incorrect. Maintenance Analytics in Oracle Maintenance Cloud 2023 Implementation can be accessed and shared with other users based on their roles and privileges. It allows for collaboration and sharing of insights among team members. Option 3: Incorrect. Maintenance Analytics in Oracle Maintenance Cloud 2023 Implementation supports predictive maintenance capabilities. It leverages machine learning algorithms and historical data to predict asset failures and recommend proactive maintenance actions. Option 4: Incorrect. Maintenance Analytics in Oracle Maintenance Cloud 2023 Implementation seamlessly integrates with other business intelligence tools. It provides APIs and data connectors to enable data exchange and integration with external analytics and reporting platforms. Question 3. (Single Select) Which feature in Oracle Maintenance Cloud allows organizations to create and manage maintenance schedules for their assets? A: Preventive Maintenance Plans B: Corrective Maintenance Plans C: Work Orders D: Service Requests Correct Answer: A Explanation: https://boost2certify.com/oracle/1z0-1095-24 Page 3 of 6

4. Option 1: Correct: Preventive Maintenance Plans in Oracle Maintenance Cloud allow organizations to create and manage maintenance schedules for their assets. These plans define the frequency, duration, and activities required for preventive maintenance tasks. By using preventive maintenance plans, organizations can proactively schedule and execute maintenance activities to ensure the optimal performance of their assets. Option 2: Incorrect: Corrective Maintenance Plans in Oracle Maintenance Cloud are used to manage maintenance activities that are performed in response to a reported issue or problem, not to create and manage maintenance schedules for assets. Corrective maintenance plans focus on resolving issues and restoring the normal functionality of the assets. Option 3: Incorrect: Work Orders in Oracle Maintenance Cloud are used to track and manage maintenance tasks, but they do not specifically allow organizations to create and manage maintenance schedules for their assets. Work Orders are created based on preventive or corrective maintenance plans to specify the tasks, resources, and schedule for executing the maintenance activities. Option 4: Incorrect: Service Requests in Oracle Maintenance Cloud are used to request and track services or support related to maintenance activities, but they do not provide a specific feature to create and manage maintenance schedules for assets. Service Requests are typically used for reporting issues, requesting assistance, or seeking information from service providers. Question 4. (Single Select) In the Asset Management section of Oracle Maintenance Cloud 2023 Implementation Professional, what is the functionality of Asset Valuation? Which of the following is correct? A: Asset Valuation is used for calculating depreciation and impairment of assets. B: Asset Valuation is used for determining the current market value of assets based on market trends C: Asset Valuation is used for calculating the replacement cost of assets. D: Asset Valuation is used for identifying the life cycle costs of assets. Correct Answer: A Explanation: Option 1: This option is correct because Asset Valuation functionality is used for calculating the depreciation and impairment of assets. This includes estimates for resell or salvage value, and https://boost2certify.com/oracle/1z0-1095-24 Page 4 of 6

5. useful life of the assets. Therefore, the system is useful for financial planning and monitoring of assets as they depreciate over time. Option 2: This option is incorrect because Asset Valuation does not determine the current market value of assets based on market trends. Rather, it calculates the depreciation and impairment of assets. Option 3: This option is incorrect because Asset Valuation does not calculate the replacement cost of assets. Rather, it calculates the depreciation and impairment of assets. Option 4: This option is incorrect because Asset Valuation is not used for identifying the life cycle costs of assets. Rather, it calculates the depreciation and impairment of assets. Question 5. (Single Select) Which of the following statements accurately describe the process of configuring maintenance organizations in Oracle Maintenance Cloud? A: A maintenance organization can be associated with multiple business units. B: A maintenance organization must be associated with at least one business unit. C: A maintenance organization can only be associated with one business unit. D: A maintenance organization is optional and not required for system configuration. Correct Answer: A Explanation: Option 1: Correct: A maintenance organization can be associated with multiple business units in Oracle Maintenance Cloud. Option 2: Incorrect: A maintenance organization must be associated with at least one business unit in Oracle Maintenance Cloud. Option 3: Incorrect: A maintenance organization can only be associated with one business unit in Oracle Maintenance Cloud. Option 4: Incorrect: A maintenance organization is optional and not required for system configuration in Oracle Maintenance Cloud. https://boost2certify.com/oracle/1z0-1095-24 Page 5 of 6

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