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. Time needed for supplier to fill order






2. SAP modules where the purchasing process exists






3. The org structures in MM: Plant - storage location - __________ - purchasing group - and valuation area.






4. All activities that occur between the growing or mining of raw materials and the finished products






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






6. When inventory is sent out before being recorded as received.






7. To share a ___________________ - One person creates the general ledger - and then the others create it using the same account number - and assign it to their company code.






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






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






10. More stringent requirements for financial reporting






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






12. 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






13. Materials and labor - Costs in a finished product that can be estimated fairly accurately






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






15. The lowest valuation area






16. 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






17. Production plan for all finished goods - Output for demand management process






18. Permanently storing data






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






20. Finished Product: Are produced internally - Normally no purchasing views exist






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






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






23. External accounting- balance sheet - profit and loss statement - legal requirement - standards -






24. 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






25. General ledger accounts are created at ________






26. SAP org structure at the highest level - created at that level






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






28. Conduct business over the internet






29. Setting the defaults of the SAP screen for a company






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






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






32. COMPLETE RECORD of all acceptable biz transactions from ACCOUNTANT VIEW.






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






34. Roadmap: project documentation storage location.






35. 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






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






37. Ability to view the details behind the summary of information - Direct links between financial statements and individual transactions that make up statements - Fraud and abuse can be detected more easily






38. 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






39. CO's target audience






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






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






42. Intermediary internet-based network run by an outside EDI provider






43. Trading goods: Always purchased externally - Sold without any change to the material - No manufacturing views exist.






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






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






46. 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






47. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated






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






49. This has to be assigned for each comapny code to be able to create GL for the company. basis of general ledger - complete list of all acounts utilized in GL for a company. Reports made from balances in GL COA -






50. 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







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