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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. Concerning financial statement account balances expressed in one currency into balances expressed in another currency
MM fiscal period
Currency Translation
SAP Men
More than
2. Company - Used to consolidate financial statements of multiple companies.
Plant
Reports made from GL
Web Services
Optional FI org structures
3. Conduct business over the internet
Sarbanes-Oxley Act
Indirect Costs
FERT
E-Commerce
4. 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
Indirect Costs
Raw materials
Title IV
SOLAR_PROJECT_ADMIN
5. MRP can generate two types of orders: Planned Production Orders - __________ Orders
Planned Purchase
Client
Inventory
General ledger
6. Time between paying for raw materials and collecting cash from customer
Cost Variances
Planned Purchase
Sales and Operations Planning (SOP)
Cash-to-Cash cycle time
7. 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
Microsoft server software
Field status variants
Internal
MRP Record
8. 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
Optional FI org structures
Tolerance Groups
HIBE
Business-to-Customer (B2C)
9. SAP org structure at the highest level - created at that level
Company code
Client
Extensible Markup Language (XML)
Standard Costs
10. Materials and labor - Costs in a finished product that can be estimated fairly accurately
Income Statement
Cost of operations
Turned on
Direct Costs
11. Raw Materials: Purchased externally only - No sales view
General ledger
Demand Management
ROH
Capacity
12. 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
Duet
Types of COA
SAP NetWeaver
Back Office Processing
13. Process of determining what the company will produce - Input: sales forecast provided by Marketing - Output: production plan designed to balance market demand with production capacity - Production plan is input for next step - demand management
Chart of Accounts
Direct Costs
Title II
Sales and Operations Planning (SOP)
14. Do not have a purchasing view. Are not ever purchased - they are manufactured.
Financial accounting
Finished goods
Cash-to-Cash cycle time
FI org structures
15. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.
Forecast
Fiscal years
Solution manager
Purchasing and Accounts Payable
16. Master data associated with the MM module: Vendor masters - material masters - and ____________.
Purchasing information records
Transactions
Activity-Based Costing
Supply Chain
17. CO's target audience
Master data
Internal
Master Production Schedule (MPS)
E-Commerce
18. Permanently storing data
Business focus
Archiving
Goods requisition
Customizatio
19. 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.
General ledger master account
Drill Down
Hypertext Markup Language (HTML)
FERT
20. Material Master records are maintained by: Purchasing - Production - ________ - Sales
Client
Electronic Data Interchange (EDI)
Accounting
Company code
21. Roadmap: project documentation storage location.
Finished goods
Account groups
Rough-Cut Plannin
RMMAIN
22. Collection of components that support business transactions over the internet - Modules include: Enterprise Portal - Mobile Infrastructure - Business Intelligence - Master Data Management - and Exchange Infrastructure
SAP NetWeaver
Master Production Schedule (MPS)
Procurement - PP
Bill of Material (BOM)
23. The entities within a business process that are used repeatedly; they help the business process to flow.
RMMAIN
Radio Frequency Identification Technology (RFID)
Master data
Types of COA
24. Traditional record of accounting - something about what screens you can access it from
On-Time Performanc
General Ledger
Negative stock allowance
Purchasing organizations
25. 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 -
Tolerance Groups
Chart of accounts
Sales and Operations Planning (SOP)
MRP Record
26. Used for keeping track of amounts owed/how large a client's credit line is.
Acceptable biz transaction
Credit control area
Commodity
Extensible Markup Language (XML)
27. MUST be assigned at Plant level
Bank information
Purchasing organizations
HIBE
Company code
28. Cumulative time required between the supplier receiving the order and order delivery
Title II
Purchasing organizations
Lead Time
Cash-to-Cash cycle time
29. Advantages of Using ASP: Affordability - _____________ - Expertise
Shorter implementation time
Internal
Metrics
Storage location
30. Disadvantages of Using ASP: Security - Bandwidth/Response Time - Flexibility - No frills - Technical - not __________
Business focus
FI org structures
Intercompany Transaction
Business area
31. Determines required quantity and timing of the production or purchase of subassemblies and raw materials needed to support MPS
Materials Requirements Planning (MRP)
Web Services
Purchasing group
Accounting
32. Auditor independence - limits non-audit services an auditor can provide
Storage location
Transactions
Duet
Title II
33. Helps with project management. The four transactions used in here - SOLAR_PROJECT_ADMIN - RMMAIN - SOLAR01 - SOLAR02
Cost Variances
Purchasing organizations
MM and FI
Solution manager
34. Run at Plant level
MRP
WM module
SAP Men
Master data
35. Changing the programming code
Application service providers (ASP)
Finished goods
Supply Chain
Customizatio
36. 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
Business-to-Business (B2B)
Planned Purchase
Business-to-Customer (B2C)
37. Links a material to a vendor. / Tells which vendor can provide what materials.
Detailed Scheduling
Purchasing group
Purchase info record
Cash-to-Cash cycle time
38. Provides management of applications for a company over a network
Types of COA
Drill Down
Purchasing organization
Application service providers (ASP)
39. General ledger accounts are created at ________
Purchasing organizations
Valuation of inventory
Client level
SOLAR02
40. External accounting- balance sheet - profit and loss statement - legal requirement - standards -
Financial accounting
SOLAR_PROJECT_ADMIN
Master data
General Ledger
41. Modules are integrated for the purchasing process at the ____________.
Bill of Material (BOM)
Goods receipt
Bank information
Hypertext Markup Language (HTML)
42. Includes cost of buying and handling inventory - processing orders - and IS support
Master data
SCM costs
On-Time Performanc
Materials Requirements Planning (MRP)
43. Configuration side of SAP
Internet-based procurement
Sarbanes-Oxley Act
IMG Menu
Plant
44. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
Purchasing information records
Balance Sheet
Bank information
Reconciliation account
45. FI's target audience
Customizatio
External
Purchase info record
Materials Requirements Planning (MRP)
46. On the first of every month - you must be able to post transactions - Close and open the books. - Transaction code: ___
Organizational structure
Lot Sizing
Company code
MMPV
47. Standard way of viewing the MRP process on paper
MRP Record
Tolerance Groups
Organizational structure
Balance Sheet
48. Determine which fields are listed.
Account groups
Client level
Bullwhip Effect
Solution manager
49. Tracking technology that uses a small package - or tag - device that includes a microprocessor and antenna that can be attached to products
Product Cost Variant
Credit control area
Demand Management
Radio Frequency Identification Technology (RFID)
50. 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
Valuation of inventory
Business-to-Customer (B2C)
Internet-based procurement
SOLAR01