Test your basic knowledge |

Subject : it-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.






2. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly






3. Disadvantages of Using ASP: Security - Bandwidth/Response Time - Flexibility - No frills - Technical - not __________






4. Master data associated with the MM module: Vendor masters - material masters - and ____________.






5. Use of internet technologies for procurement activities - Benefits: Less expensive to use the internet than private EDI networks - Purchasing costs further reduced as suppliers compete for orders






6. Programming language of the internet that uses tags that define the data contained within them - XML coded data can go directly from web page into database without middleware of needing to be rekeyed into the system - XML users can create customized






7. Run at Plant level






8. Process of determining what the company will produce - Input: sales forecast provided by Marketing - Output: production plan designed to balance market demand with production capacity - Production plan is input for next step - demand management






9. Specialized buyers - that can buy more in volume at a better discount.






10. Financial statements filed with the SEC must include a statement signed by the CEO and CFO - certifying that the financial statement complies with SEC rules






11. Inventory control - shipping - and packaging.






12. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits






13. Links a material to a vendor. / Tells which vendor can provide what materials.






14. Modules are integrated for the purchasing process at the ____________.






15. Traditional record of accounting - something about what screens you can access it from






16. MUST be assigned at Plant level






17. Material Master records are maintained by: Purchasing - Production - ________ - Sales






18. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.






19. Concerning financial statement account balances expressed in one currency into balances expressed in another currency






20. Electronic computer to computer transfer of standard business documents that allows companies to handle the purchasing process electronically - Been used by companies since 1960s






21. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.






22. Collection of components that support business transactions over the internet - Modules include: Enterprise Portal - Mobile Infrastructure - Business Intelligence - Master Data Management - and Exchange Infrastructure






23. Used for keeping track of amounts owed/how large a client's credit line is.






24. Company - Used to consolidate financial statements of multiple companies.






25. How the data behaves in a field.






26. Process of developing a prediction of future demand for a product






27. Roadmap: project documentation storage location.






28. Configuration: sets up configuration templates - or menu paths - for the project.






29. Microsoft and SAP have been working on _____- Intended to let companies have access to SAP data and processes using Microsoft Office UIs - Goal of Duet is to expand and simplify adoption of SAP ERP by making workers more efficient






30. Communication and sales between manufacturers - wholesalers - retailers - and suppliers - Area of most business growth on the internet - Can occur using both EDI and the internet






31. Cumulative time required between the supplier receiving the order and order delivery






32. A record that shows a company's sales costs of sales - and the profit and loss for a period






33. Percentage of the order the supplier provided in first shipment






34. Project administration: create the project and set up the parameters for the project.- Can create project: Name - description - give person as lead - assign language - and give start and end dates. Set project members and roles. Establish roadmap tem






35. If supplier agreed to requested delivery dates - tracks how often dates are met






36. A transaction the occurs between a company and its subsidiary






37. The amount of an item that can be produced - Plans should consider available capacity






38. On the first of every month - you must be able to post transactions - Close and open the books. - Transaction code: ___






39. Process is associated with the MM module in SAP






40. Has two options: Special or Default; there can be more than one CCA.






41. An item that is widely available at a standard level of quality






42. One type of B2B electronic marketplace - typically focused on a single industry - Private exchange - type of industry marketplace where membership is restricted to selected participants






43. Common financial statement that shows a firm's profit or loss for a time period






44. Maintain Vendor master records






45. The prerequisites for MRP: It has to be ________. - The MRP views in the material master have to have been established.






46. 'Recipe' or list of materials (including quantities) needed to make a product






47. Standard way of viewing the MRP process on paper






48. The entities within a business process that are used repeatedly; they help the business process to flow.






49. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.






50. Do not have a purchasing view. Are not ever purchased - they are manufactured.