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. 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






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






3. Maintain Vendor master records






4. Configuration: sets up configuration templates - or menu paths - for the project.






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






6. Advantages of Using ASP: Affordability - _____________ - Expertise






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






8. Specialized buyers - that can buy more in volume at a better discount.






9. Includes cost of buying and handling inventory - processing orders - and IS support






10. SAP recommends the ____________ be established at the plant level.






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






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






13. 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






14. Communication and sales between business and the buying public - Popularly - but incorrectly - thought of as the most common form of e-commerce






15. Roadmap: project documentation storage location.






16. Assets - Liabilities - equity - revenues - expenses -






17. Used for keeping track of amounts owed/how large a client's credit line is.






18. Gathering place for buyers and sellers on the internet






19. 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






20. 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






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






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






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






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






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






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






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






28. 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






29. Balance sheet - income statement






30. Time needed for supplier to fill order






31. Method for developing a product cost analysis in ERP






32. Master data associated with the MM module: Vendor masters - material masters - and ____________.






33. The prerequisites for MRP: It has to be ________. - The MRP views in the material master have to have been established.






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






35. FI's target audience






36. 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






37. Determines required quantity and timing of the production or purchase of subassemblies and raw materials needed to support MPS






38. Materials and labor - Costs in a finished product that can be estimated fairly accurately






39. Common term in manufacturing for aggregate planning - Disaggregated to generate detailed production schedules - Applies simple capacity-estimating techniques to production plan to test feasibility - Allows planner to see forecast results graphically






40. 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






41. SAP modules where the purchasing process exists






42. Cumulative time required between the supplier receiving the order and order delivery






43. 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






44. Determine which fields are listed.






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






46. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.






47. General ledger accounts are created at ________






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






49. MUST be assigned at Plant level






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







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