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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. Intermediary internet-based network run by an outside EDI provider
Value-Added Network (VAN)
Internet-based procurement
External
Bank information
2. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.
Master data
Transactions
General ledger
Chart of Accounts
3. Roadmap: project documentation storage location.
Bill of Material (BOM)
Exchanges
WM module
RMMAIN
4. Inventory control - shipping - and packaging.
Reservation
Internal
WM module
Business focus
5. 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
ROH
Chart of accounts
Title IX
Archiving
6. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly
Standard Costs
RMMAIN
Goods requisition
Cost of operations
7. 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
More than
Repetitive Manufacturing
Reservation
MRP
8. 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
Repetitive Manufacturing
SAP Men
Duet
Negative stock allowance
9. Concerning financial statement account balances expressed in one currency into balances expressed in another currency
Internet-based procurement
Currency Translation
Goods requisition
Inventory
10. Raw Materials: Purchased externally only - No sales view
Tolerance Groups
Business-to-Customer (B2C)
ROH
Business-to-Business (B2B)
11. Process is associated with the MM module in SAP
Intercompany Transaction
Procurement - PP
Accounting
Detailed Scheduling
12. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
MM fiscal period
Reconciliation account
Negative stock allowance
Cost Variances
13. An item that is widely available at a standard level of quality
General ledger
Turned on
Commodity
Reports made from GL
14. Gathering place for buyers and sellers on the internet
Cash-to-Cash cycle time
Electronic marketplace
Standard Costs
Reconciliation account
15. Traditional record of accounting - something about what screens you can access it from
Title II
SOLAR01
Business-to-Customer (B2C)
General Ledger
16. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.
Master data
Commodity
SCM costs
Capacity
17. Differences between actual and standard costs
Activity-Based Costing
Cost Variances
SOLAR02
FI org structures
18. If supplier agreed to requested delivery dates - tracks how often dates are met
Master data
Client level
Materials Requirements Planning (MRP)
On-Time Performanc
19. Determining production and order quantities
Master data
Electronic marketplace
Lot Sizing
Sarbanes-Oxley Act
20. 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
Repetitive Manufacturing
Balance Sheet
Inventory
Goods receipt
21. SAP recommends the ____________ be established at the plant level.
Activity-Based Costing
Title IX
Valuation of inventory
Drill Down
22. Do not have a purchasing view. Are not ever purchased - they are manufactured.
Direct Costs
Finished goods
Customizatio
Procurement - PP
23. 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
Purchasing organizations
Goods requisition
Currency Translation
Indirect Costs
24. Company's______________ including costs for factory utilities - general factory labor - factory management - storage - insurance - and other manufacturing-related costs
SCM costs
Cost of operations
MM and FI
Materials Requirements Planning (MRP)
25. Maintain Vendor master records
Purchasing and Accounts Payable
Duet
Transactions
ROH
26. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated
Storage location
FERT
Initial Fill Rate
Cost of operations
27. A plant does not have to be a [traditional] physical structure - Anything that holds _______ that is valued can be a plant.
Inventory
Raw materials
WM module
LEER
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
Repetitive Manufacturing
MM fiscal period
Company code
Bank information
29. Two company codes in the same company cannot have different
Inventory
Minimized errors
Product Cost Variant
Fiscal years
30. On the first of every month - you must be able to post transactions - Close and open the books. - Transaction code: ___
MMPV
Repetitive Manufacturing
Master data
Balance Sheet
31. 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
Product Cost Variant
Capacity
Internet-based procurement
ROH
32. Setting the defaults of the SAP screen for a company
Configuration
Hypertext Markup Language (HTML)
Title IX
Income Statement
33. Helps with project management. The four transactions used in here - SOLAR_PROJECT_ADMIN - RMMAIN - SOLAR01 - SOLAR02
Bill of Material (BOM)
Internal
E-Commerce
Solution manager
34. MRP can generate two types of orders: Planned Production Orders - __________ Orders
Initial Order Lead Time
Planned Purchase
Purchasing organization
Tolerance Groups
35. SAP org structure at the highest level - created at that level
Electronic Data Interchange (EDI)
Finished goods
Direct Costs
Client
36. Standard way of viewing the MRP process on paper
Duet
External
Intercompany Transaction
MRP Record
37. The prerequisites for MRP: It has to be ________. - The MRP views in the material master have to have been established.
More than
Turned on
Chart of accounts
SAP NetWeaver
38. Provides management of applications for a company over a network
Drill Down
Title IX
Application service providers (ASP)
Solution manager
39. Empty Containers
Master Production Schedule (MPS)
E-Commerce
Planned Purchase
LEER
40. Advantages of Using ASP: Affordability - _____________ - Expertise
Shorter implementation time
Company code
Business focus
Cash-to-Cash cycle time
41. Production plan for all finished goods - Output for demand management process
SCM costs
Master Production Schedule (MPS)
MMPV
Bullwhip Effect
42. 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
Turned on
Microsoft server software
Extensible Markup Language (XML)
Activity-Based Costing
43. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.
SOLAR01
Internal
Cost Variances
Raw materials
44. Time between paying for raw materials and collecting cash from customer
SOLAR01
Intercompany Transaction
SOLAR_PROJECT_ADMIN
Cash-to-Cash cycle time
45. 'Recipe' or list of materials (including quantities) needed to make a product
Bill of Material (BOM)
Internet-based procurement
Drill Down
Accounting
46. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.
Negative stock allowance
Activity-Based Costing
MM fiscal period
Raw materials
47. 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)
Valuation of inventory
Client level
Title IX
48. When inventory is sent out before being recorded as received.
Tolerance Groups
Title II
Radio Frequency Identification Technology (RFID)
Negative stock allowance
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 -
Chart of accounts
Planned Purchase
Duet
Procurement - PP
50. Materials and labor - Costs in a finished product that can be estimated fairly accurately
Direct Costs
Organizational structure
Managerial accounting
Master data