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Test your basic knowledge |
SAP ERP
Start Test
Study First
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. Specialized buyers - that can buy more in volume at a better discount.
Sarbanes-Oxley Act
RMMAIN
Purchasing group
Title II
2. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.
SOLAR01
Value-Added Network (VAN)
Electronic marketplace
Balance Sheet
3. Balance sheet - income statement
Business-to-Customer (B2C)
Profit and Loss Statement (P&L)
Reports made from GL
Forecast
4. The lowest valuation area
Master data
Plant
Client
Direct Costs
5. Processing of sales orders through a company's marketing - manufacturing - shipping and accounting systems
Minimized errors
Internal
Back Office Processing
Initial Order Lead Time
6. 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
IMG Menu
Field status variants
Bank information
Business-to-Business (B2B)
7. Communication and sales between business and the buying public - Popularly - but incorrectly - thought of as the most common form of e-commerce
External
Business-to-Customer (B2C)
MRP Record
Credit control area
8. Permanently storing data
Title IX
Archiving
Turned on
Electronic Data Interchange (EDI)
9. FI's target audience
External
Cost Variances
Detailed Scheduling
Finished goods
10. Specifies only how information will look when viewed through browser - ERP systems now accept data in XML format - Streamlines data entry - reduces errors and reduces server loads - XML is very attractive to smaller companies because it allows data t
Archiving
Negative stock allowance
Direct Costs
Hypertext Markup Language (HTML)
11. Intermediary internet-based network run by an outside EDI provider
Value-Added Network (VAN)
Bill of Material (BOM)
Company code
MM fiscal period
12. Advanced form of inventory cost accounting in which overhead costs are assigned to products - based on the manufacturing activities that gave rise to the costs - Keeps records on costs and activities - Requires more bookkeeping than traditional cost
Master data
Purchasing organization
Activity-Based Costing
Credit control area
13. An item that is widely available at a standard level of quality
Types of COA
Commodity
Materials Requirements Planning (MRP)
Transactions
14. How the data behaves in a field.
IMG Menu
HAWA
General ledger
Field status variants
15. Detailed plan of what is to be produced - considering machine and labor capacity
Detailed Scheduling
Metrics
RMMAIN
Finished goods
16. Assets - Liabilities - equity - revenues - expenses -
Detailed Scheduling
Types of COA
Web Services
Bullwhip Effect
17. Configuration: sets up configuration templates - or menu paths - for the project.
Purchasing information records
SOLAR02
Acceptable biz transaction
Business focus
18. MRP can generate two types of orders: Planned Production Orders - __________ Orders
Initial Order Lead Time
Goods receipt
Planned Purchase
Procurement - PP
19. 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
MMPV
Raw materials
Bullwhip Effect
Title IX
20. Operating supplies
HIBE
Customizatio
Storage location
Reports made from GL
21. MUST be assigned at Plant level
Purchasing organizations
Indirect Costs
Business focus
Reservation
22. 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
Plant
Supply Chain
Sales and Operations Planning (SOP)
Inventory
23. Manufacturing environment in which production lines are switched from one product to another similar product - Production lines are scheduled for time blocks rather than number of items
Back Office Processing
Repetitive Manufacturing
Detailed Scheduling
General ledger
24. A transaction the occurs between a company and its subsidiary
Lead Time
Intercompany Transaction
Raw materials
Reconciliation account
25. Company's______________ including costs for factory utilities - general factory labor - factory management - storage - insurance - and other manufacturing-related costs
General ledger master account
Cost of operations
Sales and Operations Planning (SOP)
Chart of Accounts
26. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
Bank information
Reconciliation account
Demand Management
HAWA
27. Expected costs of manufacturing a product during a particular time period - Established by: Studying historical direct and indirect cost patterns - Accounting for effects of current manufacturing changes
Standard Costs
Reconciliation account
Raw materials
Repetitive Manufacturing
28. General data is stored at the client level - company code is stored at FI - and purchasing data is stored at purchasing level. Client level: Address - communication - ____________. Company code level: Payment transactions and account management. Purc
WM module
SAP NetWeaver
Profit and Loss Statement (P&L)
Bank information
29. Percentage of the order the supplier provided in first shipment
Initial Fill Rate
Electronic Data Interchange (EDI)
FERT
Back Office Processing
30. Concerning financial statement account balances expressed in one currency into balances expressed in another currency
Title IV
Currency Translation
Organizational structure
MMPV
31. Traditional record of accounting - something about what screens you can access it from
Turned on
General Ledger
Client
Finished goods
32. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside
Reservation
Currency Translation
Bank information
Goods receipt
33. Conduct business over the internet
Product Cost Variant
Title IX
Client
E-Commerce
34. Determine which fields are listed.
Account groups
FI org structures
Fiscal year variant
Income Statement
35. Empty Containers
Income Statement
IMG Menu
Company code
LEER
36. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse
Inventory
Value-Added Network (VAN)
Sarbanes-Oxley Act
Account groups
37. This FI org structure is the smallest organizational unit for which accounting can be carried out
More than
SAP NetWeaver
Intercompany Transaction
Company code
38. Setting the defaults of the SAP screen for a company
Configuration
Repetitive Manufacturing
Raw materials
Extensible Markup Language (XML)
39. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated
Fiscal year variant
Storage location
Plant
SOLAR_PROJECT_ADMIN
40. The transaction side of SAP
SAP Men
Reports made from GL
External
Electronic Data Interchange (EDI)
41. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.
Raw materials
General ledger master account
E-Commerce
Detailed Scheduling
42. Method for developing a product cost analysis in ERP
Profit and Loss Statement (P&L)
Client
Product Cost Variant
Standard Costs
43. The entities within a business process that are used repeatedly; they help the business process to flow.
Lot Sizing
Master data
MRP
FERT
44. COMPLETE RECORD of all acceptable biz transactions from ACCOUNTANT VIEW.
General ledger
Configuration
Organizational structure
Electronic Data Interchange (EDI)
45. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits
SAP NetWeaver
SOLAR02
Repetitive Manufacturing
Acceptable biz transaction
46. The amount of an item that can be produced - Plans should consider available capacity
Electronic Data Interchange (EDI)
Capacity
Turned on
Sarbanes-Oxley Act
47. The prerequisites for MRP: It has to be ________. - The MRP views in the material master have to have been established.
Demand Management
Reconciliation account
Turned on
Goods receipt
48. Electronic computer to computer transfer of standard business documents that allows companies to handle the purchasing process electronically - Been used by companies since 1960s
Electronic Data Interchange (EDI)
Reconciliation account
Internet-based procurement
Application service providers (ASP)
49. 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
Duet
External
FI org structures
Finished goods
50. 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
Reports made from GL
SOLAR_PROJECT_ADMIN
Managerial accounting
HIBE