IBM Tivoli Monitoring V6.3 Implementation — Question 20

A company has acquired a contract for an asset covering labor, materials and tools.
What must be created to capture this information?

Answer options

• A. A Master Contract
• B. A Warranty Contract
• C. A Purchase Contract
• D. A Labor Rate Contract

Correct answer: A

Explanation

A Master Contract is necessary to encompass all elements of the agreement including labor, materials, and tools. The other options, such as a Warranty Contract, typically pertain to guarantees on products rather than comprehensive agreements, while a Purchase Contract focuses solely on the acquisition of goods.