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






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






3. Process of breaking down the production plan into finer time units to meet individual product demand






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






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






6. 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






7. Changing the programming code






8. 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






9. Client - company - company code - chart of accounts - fiscal year variant - and credit control area.






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






11. SAP modules where the purchasing process exists






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






13. FI's target audience






14. Differences between actual and standard costs






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






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






17. 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






18. Common term in manufacturing for aggregate planning - Disaggregated to generate detailed production schedules - Applies simple capacity-estimating techniques to production plan to test feasibility - Allows planner to see forecast results graphically






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






20. Run at Plant level






21. Detailed plan of what is to be produced - considering machine and labor capacity






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






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






24. Determining production and order quantities






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






26. Time needed for supplier to fill order






27. How the data behaves in a field.






28. Measurement of performance - used in relation to the effects of supply-chain management efforts






29. 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






30. Processing of sales orders through a company's marketing - manufacturing - shipping and accounting systems






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






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






33. 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.






34. Assets - Liabilities - equity - revenues - expenses -






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






36. CO's target audience






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






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






39. 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






40. To value inventory and a set time of year.






41. The lowest valuation area






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






43. Determine which fields are listed.






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






45. Purchasing organization be assigned to _______ one plant - If you want to use the same purchasing organization by more than one company code - you have to assign the purchasing organization at Plant level






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. Overhead items - Difficult to associate with specific products






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






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






50. Inventory control - shipping - and packaging.