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. Empty Containers






2. Electronic computer to computer transfer of standard business documents that allows companies to handle the purchasing process electronically - Been used by companies since 1960s






3. 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






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






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






6. MUST be assigned at Plant level






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






8. 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






9. Intermediary internet-based network run by an outside EDI provider






10. 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.






11. 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






12. Expected costs of manufacturing a product during a particular time period - Established by: Studying historical direct and indirect cost patterns - Accounting for effects of current manufacturing changes






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






14. 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






15. 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 -






16. 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






17. SAP modules where the purchasing process exists






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






19. Method for developing a product cost analysis in ERP






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






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






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






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






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






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






26. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.






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






28. Assets - Liabilities - equity - revenues - expenses -






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






30. Setting the defaults of the SAP screen for a company






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






32. Permanently storing data






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






34. Gathering place for buyers and sellers on the internet






35. CO's target audience






36. The lowest valuation area






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






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






39. FI's target audience






40. General ledger accounts are created at ________






41. Differences between actual and standard costs






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






43. A transaction the occurs between a company and its subsidiary






44. Run at Plant level






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






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






47. 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






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






49. Changing the programming code






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







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Can you answer 50 questions in 15 minutes?


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