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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. A transaction the occurs between a company and its subsidiary
Intercompany Transaction
FI org structures
Purchasing organizations
Sales and Operations Planning (SOP)
2. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.
Master Production Schedule (MPS)
E-Commerce
SOLAR01
SOLAR_PROJECT_ADMIN
3. Company's______________ including costs for factory utilities - general factory labor - factory management - storage - insurance - and other manufacturing-related costs
FI org structures
Radio Frequency Identification Technology (RFID)
Financial accounting
Cost of operations
4. 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
Bank information
Cost of operations
Purchasing organization
Supply Chain
5. 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
Company code
Business-to-Customer (B2C)
Exchanges
Activity-Based Costing
6. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly
Standard Costs
Types of COA
MM fiscal period
Purchasing organizations
7. To value inventory and a set time of year.
MRP Record
Valuation of inventory
Field status variants
MM fiscal period
8. Advantages of Using ASP: Affordability - _____________ - Expertise
Reconciliation account
Web Services
Shorter implementation time
Purchasing and Accounts Payable
9. More stringent requirements for financial reporting
Duet
Title IV
Purchase info record
MRP Record
10. 'Recipe' or list of materials (including quantities) needed to make a product
MM fiscal period
Storage location
Bill of Material (BOM)
Direct Costs
11. Company - Used to consolidate financial statements of multiple companies.
Optional FI org structures
Initial Fill Rate
Balance Sheet
Bill of Material (BOM)
12. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside
Supply Chain
Reservation
Master Production Schedule (MPS)
Business focus
13. Balance sheet - income statement
Initial Order Lead Time
Accounting
Repetitive Manufacturing
Reports made from GL
14. Overhead items - Difficult to associate with specific products
FERT
Managerial accounting
Indirect Costs
Goods requisition
15. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
Internal
Reconciliation account
Electronic Data Interchange (EDI)
Back Office Processing
16. 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
General Ledger
E-Commerce
Currency Translation
Web Services
17. The transaction side of SAP
Activity-Based Costing
SAP Men
Fiscal year variant
SCM costs
18. Configuration side of SAP
IMG Menu
Materials Requirements Planning (MRP)
General Ledger
Optional FI org structures
19. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated
Financial accounting
Storage location
Minimized errors
Credit control area
20. Percentage of the order the supplier provided in first shipment
Initial Fill Rate
Balance Sheet
Initial Order Lead Time
Master Production Schedule (MPS)
21. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.
Forecast
Bullwhip Effect
Valuation of inventory
Business area
22. Helps with project management. The four transactions used in here - SOLAR_PROJECT_ADMIN - RMMAIN - SOLAR01 - SOLAR02
Purchasing organization
Indirect Costs
Transactions
Solution manager
23. 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
Procurement - PP
General Ledger
Business focus
Microsoft server software
24. Method for developing a product cost analysis in ERP
Acceptable biz transaction
Electronic marketplace
External
Product Cost Variant
25. Two company codes in the same company cannot have different
Raw materials
Client level
Electronic marketplace
Fiscal years
26. SAP recommends the ____________ be established at the plant level.
SOLAR01
Valuation of inventory
Supply Chain
SOLAR_PROJECT_ADMIN
27. Trading goods: Always purchased externally - Sold without any change to the material - No manufacturing views exist.
Goods requisition
HAWA
Fiscal year variant
Archiving
28. MUST be assigned at Plant level
Company code
SAP Men
Purchasing organizations
Capacity
29. Conduct business over the internet
SOLAR_PROJECT_ADMIN
Supply Chain
E-Commerce
Extensible Markup Language (XML)
30. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits
Acceptable biz transaction
Cost Variances
Demand Management
Goods receipt
31. Run at Plant level
MRP
Application service providers (ASP)
Supply Chain
Purchasing group
32. Raw Materials: Purchased externally only - No sales view
ROH
Account groups
More than
Managerial accounting
33. Standard way of viewing the MRP process on paper
Capacity
Fiscal years
MRP Record
Duet
34. Master data associated with the MM module: Vendor masters - material masters - and ____________.
Internet-based procurement
External
Purchasing information records
Financial accounting
35. 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
Extensible Markup Language (XML)
Title IX
Goods requisition
Repetitive Manufacturing
36. 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
Application service providers (ASP)
Hypertext Markup Language (HTML)
Company code
Purchase info record
37. Setting the defaults of the SAP screen for a company
Metrics
Internet-based procurement
Electronic marketplace
Configuration
38. CO's target audience
Business-to-Customer (B2C)
E-Commerce
Internal
Business-to-Business (B2B)
39. Configuration: sets up configuration templates - or menu paths - for the project.
Product Cost Variant
SOLAR02
RMMAIN
Bank information
40. Finished Product: Are produced internally - Normally no purchasing views exist
Purchasing organization
Sales and Operations Planning (SOP)
Standard Costs
FERT
41. The org structures in MM: Plant - storage location - __________ - purchasing group - and valuation area.
Bullwhip Effect
Title IV
General ledger master account
Purchasing organization
42. 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
SOLAR_PROJECT_ADMIN
Cash-to-Cash cycle time
Business focus
Fiscal years
43. Assets - Liabilities - equity - revenues - expenses -
Types of COA
Storage location
Purchasing information records
Initial Order Lead Time
44. A record that shows a company's sales costs of sales - and the profit and loss for a period
SOLAR02
Inventory
Profit and Loss Statement (P&L)
Hypertext Markup Language (HTML)
45. If supplier agreed to requested delivery dates - tracks how often dates are met
On-Time Performanc
Chart of Accounts
Purchasing group
WM module
46. Empty Containers
Standard Costs
LEER
Detailed Scheduling
Fiscal years
47. Traditional record of accounting - something about what screens you can access it from
Solution manager
Finished goods
Radio Frequency Identification Technology (RFID)
General Ledger
48. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse
Financial accounting
Sarbanes-Oxley Act
SCM costs
Configuration
49. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.
Supply Chain
Master data
Application service providers (ASP)
Metrics
50. Differences between actual and standard costs
Cost Variances
Reservation
Client level
Detailed Scheduling