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With regard to Contract Management notifications, what is the most important contract dale to be aware of?

A.
Extend date
A.
Extend date
Answers
B.
Renew date
B.
Renew date
Answers
C.
Expire date
C.
Expire date
Answers
D.
Start date
D.
Start date
Answers
Suggested answer: C

Explanation:

Contract Management notifications are sent to contract administrators to remind them of contract expiration dates so they can renew or renegotiate the contract1.

The expire date is the most important contract date to be aware of because it indicates when the contract is no longer valid and the service or product is no longer covered2.

If a contract expires without renewal or extension, it can result in penalties, service downtime, or loss of warranty or maintenance3.

Therefore, the expire date is the most critical date for contract management and should be monitored closely.Reference:

1:Product Documentation | ServiceNow

2:Contract and renewal management - ServiceNow

3:Hardware Asset Management overview - ServiceNow - Now Support

4:Use a hardware asset request flow - ServiceNow

Inventory audit results provide easy visibility into the reconciliation of scanned assets to the existing inventory. What audit statuses are displayed as part of the results? (Choose four.)

A.
Scanned
A.
Scanned
Answers
B.
Not found
B.
Not found
Answers
C.
New
C.
New
Answers
D.
Scanned and not expected
D.
Scanned and not expected
Answers
E.
Scanned and expected
E.
Scanned and expected
Answers
F.
Expected and not found
F.
Expected and not found
Answers
Suggested answer: C, D, E, F

Explanation:

https://docs.servicenow.com/bundle/utah-it-asset-management/page/product/hardware-asset-management/reference/audit-results.html

How can you automate the replenishment of stock levels?

A.
Transfer Rules
A.
Transfer Rules
Answers
B.
Transfer Orders
B.
Transfer Orders
Answers
C.
Stock Filters
C.
Stock Filters
Answers
D.
Stock Rules
D.
Stock Rules
Answers
Suggested answer: D

Explanation:

Stock rules are a feature of ServiceNow Hardware Asset Management that allow you to automate the replenishment of stock levels in your stockrooms1.

Stock rules define the minimum and maximum quantities of a specific model that you want to keep in a stockroom, as well as the reorder point and quantity1.

When the stock level of a model falls below the reorder point, a stock order is automatically generated to replenish the stockroom to the maximum quantity1.

You can create and manage stock rules by navigating toHardware Asset Management > Model Management > Stock Rules1.Reference:

1: Stock rules - ServiceNow Docs.

What are baseline asset states? (Choose three.)

A.
In Stock
A.
In Stock
Answers
B.
Consumed
B.
Consumed
Answers
C.
Retired
C.
Retired
Answers
D.
Duplicate
D.
Duplicate
Answers
E.
Exported
E.
Exported
Answers
Suggested answer: A, B, C

Explanation:

Baseline asset states are the predefined states that represent the lifecycle stages of hardware assets in the ServiceNow platform1.

Baseline asset states are used to track the status, location, and ownership of hardware assets, as well as to trigger workflows and tasks for asset management2.

The baseline asset states are: In Stock, In Use, In Repair, In Transit, Retired, Consumed, and Duplicate1.

In Stock means the asset is available in a stockroom and ready for deployment1.

Consumed means the asset is used up or depleted, such as a toner cartridge or a battery1.

Retired means the asset is no longer in use and has been disposed of or recycled1.Reference:

Baseline asset states

Hardware Asset Management overview

What field must an agent complete when resolving an incident in order for the HAM asset tasks to automatically update all configuration item (CI) and asset records associated to the Incident?

A.
Asset and CI Action
A.
Asset and CI Action
Answers
B.
Asset-CI Task Action
B.
Asset-CI Task Action
Answers
C.
Asset Task Action
C.
Asset Task Action
Answers
D.
Asset Action
D.
Asset Action
Answers
Suggested answer: D

Explanation:

https://docs.servicenow.com/bundle/sandiego-it-service-management/page/product/incident-management/task/track-ci.html

Which mobile app allows the user to conduct an inventory audit?

A.
ServiceNow Agent mobile app
A.
ServiceNow Agent mobile app
Answers
B.
Mobile My Inventory
B.
Mobile My Inventory
Answers
C.
Mobile Hardware Asset Management
C.
Mobile Hardware Asset Management
Answers
D.
Mobile My Assets
D.
Mobile My Assets
Answers
E.
ServiceNow Inventory mobile app
E.
ServiceNow Inventory mobile app
Answers
Suggested answer: A

Explanation:

The ServiceNow Agent mobile app allows the user to conduct asset audits by scanning asset barcodes or QR codes1.

The user can perform audits offline when they are in areas without connectivity1.

The app automatically compares the scanned assets against the expected assets based on the inventory records to identify discrepancies1.

The user can also view the audit results and generate reports from the app2.Reference:

Audit your inventory - Product Documentation: San Diego - ServiceNow

Hardware Asset Inventory Management - ServiceNow

Hardware Asset Management - ServiceNow

When running an asset audit, you receive the result of 10 'Scanned and expected' assets. What does this mean?

A.
You expected 10 assets in your inventory and scanned 10 assets during your audit, but none of them are on your expected inventory list.
A.
You expected 10 assets in your inventory and scanned 10 assets during your audit, but none of them are on your expected inventory list.
Answers
B.
You expected 10 assets in your inventory and scanned these 10 assets during your audit.
B.
You expected 10 assets in your inventory and scanned these 10 assets during your audit.
Answers
C.
You expected 10 assets during your audit inventory and scanned 10 assets, but none of them have a record in your ServiceNow instance.
C.
You expected 10 assets during your audit inventory and scanned 10 assets, but none of them have a record in your ServiceNow instance.
Answers
D.
You scanned 10 assets in your inventory, but none of them were on your expected inventory list.
D.
You scanned 10 assets in your inventory, but none of them were on your expected inventory list.
Answers
Suggested answer: B

Explanation:

According to theHardware Asset Management documentation, an asset audit is a process of verifying the physical existence and location of assets in an organization.

The asset audit results show the status of each scanned asset, such as ''Scanned and expected'', ''Scanned and not expected'', ''Expected and not scanned'', or ''Not expected and not scanned''.

The status of ''Scanned and expected'' means that the asset was both expected to be in the inventory and scanned during the audit, indicating a match between the physical and the logical inventory.

Therefore, if you receive the result of 10 ''Scanned and expected'' assets, it means that you expected 10 assets in your inventory and scanned these 10 assets during your audit, as stated in option B.Reference:

Hardware Asset Management documentation

What is Hardware Asset Management?

During an audit, when is the Expected Assets list populated in the asset audit form?

A.
When the nightly scheduled job runs
A.
When the nightly scheduled job runs
Answers
B.
When scanning completes
B.
When scanning completes
Answers
C.
When scanning begins
C.
When scanning begins
Answers
D.
Pre-populated by the asset manager before audit
D.
Pre-populated by the asset manager before audit
Answers
E.
When the asset manager Submits the results
E.
When the asset manager Submits the results
Answers
Suggested answer: C

Explanation:

The Expected Assets list is populated when the asset manager starts the audit by clicking theScanbutton on the asset audit form1.

This list shows the assets that are expected to be found in the audit location based on the asset records in the CMDB1.

The asset manager can then use a barcode scanner or a mobile device to scan the actual assets in the location and compare them with the expected assets1.

The asset manager can also manually add or remove assets from the expected assets list if needed1.Reference:

1: Hardware Asset Inventory Audit

Which of the following are valid substates of the Retired state? (Choose four.)

A.
Disposed
A.
Disposed
Answers
B.
Donated
B.
Donated
Answers
C.
Vendor Credit
C.
Vendor Credit
Answers
D.
Destroyed
D.
Destroyed
Answers
E.
Pending Disposal
E.
Pending Disposal
Answers
F.
Sold
F.
Sold
Answers
Suggested answer: A, B, C, F

Explanation:

According to the ServiceNow Hardware Asset Management documentation, the Retired state indicates that the asset is no longer in use and is ready for disposal or reuse. The substates of the Retired state are:

Disposed: The asset has been discarded or recycled.

Donated: The asset has been given away to a charity or a non-profit organization.

Sold: The asset has been sold to a third party.

The substate Pending Disposal is not valid for the Retired state, as it is only available for the states In Stock and In Transit. The substate Destroyed is not valid for the Retired state, as it is only available for the state In Use.Reference:

ServiceNow Hardware Asset Management: Asset and CI management

ServiceNow Hardware Asset Management: Setting asset states and substates

When a stock manager receives a new delivery of consumables, what happens if all the following fields match another record in the stockroom?

*Assigned to

*Model

*Model category

*State

*Stockroom

*Substate

A.
The stock manager must create a separate model record if the cost per item is more/less
A.
The stock manager must create a separate model record if the cost per item is more/less
Answers
B.
The data is automatically merged to create a blended quantity and cost
B.
The data is automatically merged to create a blended quantity and cost
Answers
C.
The data is automatically created in a new record if the cost per item is more/less
C.
The data is automatically created in a new record if the cost per item is more/less
Answers
D.
The stock manager must merge the consumable records to create a blended quantity and cost
D.
The stock manager must merge the consumable records to create a blended quantity and cost
Answers
Suggested answer: B

Explanation:

Consumables are hardware assets that are not tracked individually, but as a quantity of items in a stockroom, such as keyboards, mice, cables, etc.1

When a stock manager receives a new delivery of consumables, they can use the Mobile Asset Receiving feature to scan the barcode of the purchase order and receive multiple assets against it using a mobile device2

If the received consumables match another record in the stockroom based on the following fields: Assigned to, Model, Model category, State, Stockroom, and Substate, then the data is automatically merged to create a blended quantity and cost3

This means that the system calculates the average cost per item and the total quantity of the consumables in the stockroom, and updates the existing record accordingly3

This feature helps to reduce duplicate records and simplify inventory management of consumables3

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