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. General data is stored at the client level - company code is stored at FI - and purchasing data is stored at purchasing level. Client level: Address - communication - ____________. Company code level: Payment transactions and account management. Purc






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






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






4. 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






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






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






7. How the data behaves in a field.






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






9. Determine which fields are listed.






10. 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






11. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.






12. 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






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






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






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






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






17. Roadmap: project documentation storage location.






18. Traditional record of accounting - something about what screens you can access it from






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






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






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






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






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






24. FI's target audience






25. 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






26. 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






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






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






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






30. 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






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






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






33. Configuration side of SAP






34. Assets - Liabilities - equity - revenues - expenses -






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






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






37. Process is associated with the MM module in SAP






38. Maintain Vendor master records






39. MUST be assigned at Plant level






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






41. 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






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






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






44. Conduct business over the internet






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






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






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






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






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






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