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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. FI's target audience
More than
External
Tolerance Groups
Purchase info record
2. 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
Activity-Based Costing
MM fiscal period
Tolerance Groups
Solution manager
3. Method for developing a product cost analysis in ERP
Solution manager
Direct Costs
Product Cost Variant
Value-Added Network (VAN)
4. Programming language of the internet that uses tags that define the data contained within them - XML coded data can go directly from web page into database without middleware of needing to be rekeyed into the system - XML users can create customized
Extensible Markup Language (XML)
SCM costs
Company code
Client level
5. Gathering place for buyers and sellers on the internet
General ledger master account
Electronic marketplace
Repetitive Manufacturing
Standard Costs
6. 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
Standard Costs
Configuration
Negative stock allowance
7. Traditional record of accounting - something about what screens you can access it from
Forecast
Repetitive Manufacturing
On-Time Performanc
General Ledger
8. Materials and labor - Costs in a finished product that can be estimated fairly accurately
Financial accounting
Electronic marketplace
Direct Costs
Master data
9. 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 -
Balance Sheet
LEER
Chart of accounts
Capacity
10. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside
Web Services
Electronic Data Interchange (EDI)
Business-to-Customer (B2C)
Reservation
11. General ledger accounts are created at ________
Storage location
Sales and Operations Planning (SOP)
Master data
Client level
12. 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
Drill Down
Standard Costs
Plant
Business-to-Business (B2B)
13. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.
Internal
Goods receipt
SAP NetWeaver
Transactions
14. One company code cannot have more than one ________
Fiscal year variant
Field status variants
Materials Requirements Planning (MRP)
Archiving
15. Process of breaking down the production plan into finer time units to meet individual product demand
Raw materials
Lot Sizing
Valuation of inventory
Demand Management
16. Balance sheet - income statement
Client level
Reports made from GL
Profit and Loss Statement (P&L)
Cash-to-Cash cycle time
17. The lowest valuation area
Balance Sheet
Client
Back Office Processing
Plant
18. Overhead items - Difficult to associate with specific products
MM fiscal period
Indirect Costs
Business-to-Customer (B2C)
Internal
19. Maintain Vendor master records
Customizatio
Value-Added Network (VAN)
Business area
Purchasing and Accounts Payable
20. Intermediary internet-based network run by an outside EDI provider
Plant
Value-Added Network (VAN)
HAWA
External
21. costing - profit - product costing - profitabilit analysis - valuations - flexibility
Company code
Managerial accounting
Bill of Material (BOM)
General ledger master account
22. On the first of every month - you must be able to post transactions - Close and open the books. - Transaction code: ___
Balance Sheet
Managerial accounting
MMPV
Solution manager
23. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.
Reconciliation account
Organizational structure
Finished goods
Master data
24. 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
Transactions
SOLAR_PROJECT_ADMIN
Purchasing information records
RMMAIN
25. G/L Accounts - Vendor Masters General Data - Material Master General Data - Divisions - and Distribution Channels.
Extensible Markup Language (XML)
Tolerance Groups
Chart of Accounts
Product Cost Variant
26. Material Master records are maintained by: Purchasing - Production - ________ - Sales
Purchasing organizations
Accounting
Electronic marketplace
Valuation of inventory
27. 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
Business focus
External
On-Time Performanc
Exchanges
28. SAP modules where the purchasing process exists
MM and FI
Master data
General ledger
Storage location
29. Modules are integrated for the purchasing process at the ____________.
Sales and Operations Planning (SOP)
Electronic Data Interchange (EDI)
Goods receipt
Solution manager
30. If supplier agreed to requested delivery dates - tracks how often dates are met
On-Time Performanc
MRP Record
E-Commerce
General Ledger
31. Differences between actual and standard costs
Financial accounting
Detailed Scheduling
Cost Variances
Microsoft server software
32. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated
Standard Costs
IMG Menu
Storage location
FERT
33. Large fluctuations in demand throughout the supply chain caused by a slight change in the number of products sold
Lot Sizing
Bullwhip Effect
Acceptable biz transaction
Metrics
34. Cumulative time required between the supplier receiving the order and order delivery
Lead Time
Storage location
HAWA
Initial Fill Rate
35. Time needed for supplier to fill order
Electronic Data Interchange (EDI)
Optional FI org structures
Initial Order Lead Time
Shorter implementation time
36. Common financial statement that shows account balances such as Cash held - Accounts Receivable: Amounts owed to company by customers - Cost of raw materials and finished goods inventory - Long term assets - Amounts owed to vendors - banks - and credi
Balance Sheet
Repetitive Manufacturing
Purchasing and Accounts Payable
Title IV
37. Company's______________ including costs for factory utilities - general factory labor - factory management - storage - insurance - and other manufacturing-related costs
Cost of operations
Transactions
WM module
Initial Order Lead Time
38. 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
Valuation of inventory
Title IV
External
39. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits
Client
Direct Costs
Acceptable biz transaction
Product Cost Variant
40. Auditor independence - limits non-audit services an auditor can provide
Customizatio
Demand Management
Title II
HIBE
41. More stringent requirements for financial reporting
Title IV
Goods requisition
SOLAR_PROJECT_ADMIN
Standard Costs
42. MRP can generate two types of orders: Planned Production Orders - __________ Orders
Planned Purchase
Account groups
Commodity
Tolerance Groups
43. Advantages of Using ASP: Affordability - _____________ - Expertise
HAWA
Web Services
LEER
Shorter implementation time
44. 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
Credit control area
Business-to-Business (B2B)
Sales and Operations Planning (SOP)
SOLAR_PROJECT_ADMIN
45. Determines required quantity and timing of the production or purchase of subassemblies and raw materials needed to support MPS
Materials Requirements Planning (MRP)
Purchase info record
External
Master data
46. Raw Materials: Purchased externally only - No sales view
Supply Chain
Chart of Accounts
Financial accounting
ROH
47. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly
Standard Costs
Business-to-Customer (B2C)
On-Time Performanc
Sarbanes-Oxley Act
48. The entities within a business process that are used repeatedly; they help the business process to flow.
Lead Time
Master data
Radio Frequency Identification Technology (RFID)
Plant
49. Provides management of applications for a company over a network
Lead Time
Demand Management
Application service providers (ASP)
Chart of accounts
50. 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
Transactions
Valuation of inventory
Purchasing and Accounts Payable
Title IX