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. MUST be assigned at Plant level






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






3. FI's target audience






4. SAP modules where the purchasing process exists






5. 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.






6. The entities within a business process that are used repeatedly; they help the business process to flow.






7. More stringent requirements for financial reporting






8. Conduct business over the internet






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






10. Changing the programming code






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






12. If supplier agreed to requested delivery dates - tracks how often dates are met






13. Empty Containers






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






15. SAP org structure at the highest level - created at that level






16. Processing of sales orders through a company's marketing - manufacturing - shipping and accounting systems






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






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






19. Material Master records are maintained by: Purchasing - Production - ________ - Sales






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






21. Gathering place for buyers and sellers on the internet






22. COMPLETE RECORD of all acceptable biz transactions from ACCOUNTANT VIEW.






23. 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






24. Tracking technology that uses a small package - or tag - device that includes a microprocessor and antenna that can be attached to products






25. How the data behaves in a field.






26. Detailed plan of what is to be produced - considering machine and labor capacity






27. Overhead items - Difficult to associate with specific products






28. Percentage of the order the supplier provided in first shipment






29. Helps with project management. The four transactions used in here - SOLAR_PROJECT_ADMIN - RMMAIN - SOLAR01 - SOLAR02






30. 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






31. 'Recipe' or list of materials (including quantities) needed to make a product






32. All activities that occur between the growing or mining of raw materials and the finished products






33. MRP can generate two types of orders: Planned Production Orders - __________ Orders






34. On the first of every month - you must be able to post transactions - Close and open the books. - Transaction code: ___






35. Process of breaking down the production plan into finer time units to meet individual product demand






36. Company - Used to consolidate financial statements of multiple companies.






37. Maintain Vendor master records






38. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.






39. Determine which fields are listed.






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






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






42. A record that shows a company's sales costs of sales - and the profit and loss for a period






43. Concerning financial statement account balances expressed in one currency into balances expressed in another currency






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






45. 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 -






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






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






49. 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






50. Entities that represent the structure of the company and how it's made and how it's used. It's the framework for everything.