Omis 455 final - Study guides, Class notes & Summaries

OMIS 455 Final Exam UPDATED ACTUAL Questions and CORRECT Answers EAM (Enterprise Asset Management) - CORRECT ANSWER- means the whole life optimal management of the physical assets of an organization to maximize value. Design, construction, commissioning, operations, maintenance and decommissioning/replacement of plant, equipment, and facilities. "Enterprise" refers to the management of the assets across departments, locations, facilities and, in some cases, business units. EAM...

OMIS 455 FINAL EXAM ACTUAL QUESTIONS AND ANSWERS 2024 WITH COMPLETE SOLUTION Financial Accounting (FI) Ledgers - -General Ledger, Special Purpose Ledger, Subsidiary Ledger Goal of FI - Designed to collect the transactional data that provides a foundation for preparing the standard portfolio of reports for external parties. Reports include Balance sheet, income statement, statement of cash flows. Credit control Area - An organizational entity which grants and monitors a credit limit ...

OMIS 455 FINAL EXAM ACTUAL QUESTIONS AND ANSWERS 2024 WITH COMPLETE SOLUTION Financial Accounting (FI) Ledgers -General Ledger, Special Purpose Ledger, Subsidiary Ledger Goal of FI Designed to collect the transactional data that provides a foundation for preparing the standard portfolio of reports for external parties. Reports include Balance sheet, income statement, statement of cash flows. Credit control Area An organizational entity which grants and monitors a credit limit for cus...