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. Two company codes in the same company cannot have different






2. Determine which fields are listed.






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






4. Disadvantages of Using ASP: Security - Bandwidth/Response Time - Flexibility - No frills - Technical - not __________






5. Communication and sales between manufacturers - wholesalers - retailers - and suppliers - Area of most business growth on the internet - Can occur using both EDI and the internet






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






7. Changing the programming code






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






9. Modules are integrated for the purchasing process at the ____________.






10. Run at Plant level






11. Provides management of applications for a company over a network






12. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits






13. The transaction side of SAP






14. Balance sheet - income statement






15. One company code cannot have more than one ________






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






17. Collection of components that support business transactions over the internet - Modules include: Enterprise Portal - Mobile Infrastructure - Business Intelligence - Master Data Management - and Exchange Infrastructure






18. Process of developing a prediction of future demand for a product






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






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






21. Differences between actual and standard costs






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






23. Common financial statement that shows a firm's profit or loss for a time period






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






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






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






27. Inventory control - shipping - and packaging.






28. Production plan for all finished goods - Output for demand management process






29. 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






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






31. Standard way of viewing the MRP process on paper






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






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






34. Time needed for supplier to fill order






35. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.






36. Company's______________ including costs for factory utilities - general factory labor - factory management - storage - insurance - and other manufacturing-related costs






37. 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






38. Maintain Vendor master records






39. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse






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






41. Gathering place for buyers and sellers on the internet






42. CO's target audience






43. When inventory is sent out before being recorded as received.






44. The amount of an item that can be produced - Plans should consider available capacity






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






46. 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






47. Determining production and order quantities






48. Permanently storing data






49. 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






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