The Apollo 1240 will work without the battery, however the blue gunk is corrosive and will eventually eat through some traces on the board.
Jumpers:
Jumpers
Jumper_________OFF____________________ON
RAM___________Turn off RAM_____________Turn on RAM
SCSI___________Disable SCSI Autoboot_____Enable SCSI Autoboot
Processor_______040 Installed______________060 Installed
(Thanks to BBoAH)
Regards
Rich