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. 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






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






3. Entities that represent the structure of the company and how it's made and how it's used. It's the framework for everything.






4. Helps with project management. The four transactions used in here - SOLAR_PROJECT_ADMIN - RMMAIN - SOLAR01 - SOLAR02






5. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.






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






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






8. The lowest valuation area






9. Combination of software tools that lets various programs within organization communicate with other applications - Also known as Service-Oriented Architecture (SOA) - Offers ability to add new applications quickly - Implementing SOA is not easy - ROI






10. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside






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






12. Changing the programming code






13. 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






14. Determines required quantity and timing of the production or purchase of subassemblies and raw materials needed to support MPS






15. Determining production and order quantities






16. General ledger accounts are created at ________






17. costing - profit - product costing - profitabilit analysis - valuations - flexibility






18. More stringent requirements for financial reporting






19. Time between paying for raw materials and collecting cash from customer






20. Communication and sales between business and the buying public - Popularly - but incorrectly - thought of as the most common form of e-commerce






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






22. This FI org structure is the smallest organizational unit for which accounting can be carried out






23. Operating supplies






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






25. Benefits of EDI: Costs of paper - printing and posting eliminated - ____________ - Fast and efficient ordering - Suppliers and buyers are "locked" into business relationships






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






27. Time needed for supplier to fill order






28. CO's target audience






29. Tracking technology that uses a small package - or tag - device that includes a microprocessor and antenna that can be attached to products






30. Preset limits on an employee's ability to post transactions - SAP offers ability to set limits on the dollar value for a single item in a document as well as the total value of document






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






32. Two company codes in the same company cannot have different






33. Advantages of Using ASP: Affordability - _____________ - Expertise






34. Inventory control - shipping - and packaging.






35. 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






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






37. A plant does not have to be a [traditional] physical structure - Anything that holds _______ that is valued can be a plant.






38. 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






39. Raw Materials: Purchased externally only - No sales view






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






41. Company Challenges FOR Duet include: Must be using relatively current version of SAP - Must run ___________ - May require use of other SAP products - Growing competition between SAP and Microsoft in ERP software market






42. Common financial statement that shows account balances such as Cash held - Accounts Receivable: Amounts owed to company by customers - Cost of raw materials and finished goods inventory - Long term assets - Amounts owed to vendors - banks - and credi






43. Overhead items - Difficult to associate with specific products






44. The steps to procurement: Initialization from MRP. - Creating a __________ order. - Creating a purchase order. - Receive goods for purchasing / goods receipt. - Invoice receipt. - Pay if purchase order - invoice receipt - and goods receipt fall withi






45. An optional org structure; however - it is required by some businesses. A business area is for analyzing performance and being able to categorize a group of products into one group.






46. MRP can generate two types of orders: Planned Production Orders - __________ Orders






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






48. Conduct business over the internet






49. 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






50. Maintain Vendor master records