ServiceNow Certified Implementation Specialist – Hardware Asset Management — Question 89

What are some examples of operational expenses of managing an asset throughout its lifecycle? (Choose two.)

Answer options

• A. Replacement parts
• B. Storage costs
• C. Maintenance agreements
• D. Warranty costs

Correct answer: A, C

Explanation

Replacement parts and maintenance agreements are considered operational expenses as they are necessary for the upkeep and functionality of an asset over time. Storage costs and warranty costs do not directly pertain to the ongoing management and maintenance of the asset itself.