Thanks to all who responded. I just wanted to provide an update. At the time of the first post I had not yet taken possession of the RFM.
After I got the machine I determined the the prism card had a bad DSP. All of the elements associated with a bad DSP were present. Error when attempting to adjust sound level. DSP failed to init message etc. This was the same conclusion reached by a tech of the previous owner of the machine.
I acquired a working Prism board and installed it with original daughter board ROMs. Things looked up as I heard the standard Williams/Bally sound with initialization. However, game play was not consistent and there was NO sound. However the error when adjusting the sound level was gone as was the DSP init failure or I should say failure to reset.
I looked through all of the my cables in the extensive cable collection acquired over the years and could not find a null modem cable with the correct connectors. So I ordered one and it arrived today. I downloaded the update manager and the 1.5 update. The machine was operating on 1.0 and likely had many different adjustments attempted by the previous tech in attempting to resolve the sound problem.
The RFM updated to 1.5 without any problems. I was amazed at the speed that the manager program exhibited in locating the 1.5 update in the download directory. I was concerned I was going to have to relocate the zip file and unzip in a different directory. But all went well.
The game works great now. The playfield has no wear, the cabinet is close to perfect and monitor has been rebuilt (word by previous owner that means new caps.) There is one game play problem where the ball becomes trapped in the upper left part of the playfield. I suspect a missing rubber. So that's the summary and conclusion to this post.