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. The lowest valuation area






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






3. 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






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






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






6. 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






7. 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






8. 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 -






9. Empty Containers






10. 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






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






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






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






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






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






16. Maintain Vendor master records






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






18. G/L Accounts - Vendor Masters General Data - Material Master General Data - Divisions - and Distribution Channels.






19. Includes cost of buying and handling inventory - processing orders - and IS support






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






21. Time needed for supplier to fill order






22. 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






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






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






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






26. 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






27. 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






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






29. Configuration side of SAP






30. 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






31. How the data behaves in a field.






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






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






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






35. Determining production and order quantities






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






37. SAP recommends the ____________ be established at the plant level.






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






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






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






41. Auditor independence - limits non-audit services an auditor can provide






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






43. 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






44. Large fluctuations in demand throughout the supply chain caused by a slight change in the number of products sold






45. Changing the programming code






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






47. Balance sheet - income statement






48. 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.






49. Inventory control - shipping - and packaging.






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






Can you answer 50 questions in 15 minutes?



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