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2026 Newest IAM-Certificate Valid Test Question Help You Pass IAM-Certificate Ea
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IAM The Institute of Asset Management Certificate Sample Questions (Q32-Q37):NEW QUESTION # 32
Investment proposals should align with the delivery of...
- A. The CEO's personal objectives
- B. Key Performance Indicators
- C. Company Values
- D. Strategic Objectives
- E. Departmental Objectives
Answer: D
Explanation:
All investment decisions in asset management shouldclearly support strategic objectivesto ensure value alignment, budget justification, and long-term relevance.
Exact Extract from ISO 55001:2014, Clause 6.2 - AM Objectives and Planning:
"Asset management objectives and investment plans must align with the organization's strategic objectives."
NEW QUESTION # 33
Which of the following is most likely to reduce a company's income?
- A. Interest rates
- B. Capital investment in new assets
- C. Ageing assets
- D. Increased number of asset failures that affect service levels
- E. Poor asset condition
Answer: D
Explanation:
Frequent asset failures result indisruption, penalties, customer dissatisfaction, andlost revenue. This has a direct impact on incomemore than long-term financial or condition-based issues.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 2.2 - Business Impact of AM:
"Poor reliability or failure of assets directly affects service levels and revenues, leading to reputational and financial consequences."
NEW QUESTION # 34
The concept of 'line of sight' means .....
- A. Asset Manager involved in asset management
- B. Stakeholders involved in asset management
- C. Top Management involved in asset management
- D. Everyone who touches or influences what happens to an asset is involved in asset management
Answer: D
Explanation:
'Line of sight' is a key concept in IAM, referring to how all actions-regardless of position or role-are visibly and logically aligned to the organization's asset management objectives.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 1.5 - Line of Sight:
"Line of sight is achieved when everyone in the organization understands how their activities contribute to delivering value from assets."
NEW QUESTION # 35
(Exposure to) the possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility, is the definition of .......
- A. Risk
- B. Cost
- C. Asset
- D. Value
Answer: A
NEW QUESTION # 36
Which of these statements is UNTRUE?
- A. Asset information has maintenance costs as well as collection costs
- B. Asset information can be treated as an asset in its own right
- C. Asset information is always worth collecting regardless of cost
Answer: C
NEW QUESTION # 37
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