ITIL 4 IT Asset Management Assets Practice Questions

A company uses a cloud service for data storage. How should they manage their assets effectively?

• AA. Ignore it as it's managed by a vendor
• BB. Regularly update hardware
• CC. Create a cloud asset register
• DD. Limit access to cloud services

A new IT asset management policy emphasizes the importance of tracking all IT assets accurately. What should be prioritized?

• AA. Reduce the number of assets
• BB. Train staff on asset usage
• CC. Implement a centralized tracking system
• DD. Increase asset purchasing

A finance team needs to budget for IT assets for the upcoming year. Which practice should they rely on most?

• AA. Asset Portfolio Management
• BB. Financial Management
• CC. Release Management
• DD. Change Management

An organization needs to assess the lifecycle of its hardware assets. Which phase is critical for this assessment?

• AA. Acquisition phase
• BB. Extension phase
• CC. Disposal phase
• DD. Design phase