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. 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 -






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






3. 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






4. Ability to view the details behind the summary of information - Direct links between financial statements and individual transactions that make up statements - Fraud and abuse can be detected more easily






5. General ledger accounts are created at ________






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






7. 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






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






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






10. The lowest valuation area






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






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






13. Conduct business over the internet






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






15. Two company codes in the same company cannot have different






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






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






18. An item that is widely available at a standard level of quality






19. Changing the programming code






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






21. Specifies only how information will look when viewed through browser - ERP systems now accept data in XML format - Streamlines data entry - reduces errors and reduces server loads - XML is very attractive to smaller companies because it allows data t






22. 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






23. 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






24. Advanced form of inventory cost accounting in which overhead costs are assigned to products - based on the manufacturing activities that gave rise to the costs - Keeps records on costs and activities - Requires more bookkeeping than traditional cost






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






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






27. 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






28. Process is associated with the MM module in SAP






29. When inventory is sent out before being recorded as received.






30. 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.






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






32. 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






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






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






35. Operating supplies






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






37. A plant does not have to be a [traditional] physical structure - Anything that holds _______ that is valued can be a plant.






38. Do not have a purchasing view. Are not ever purchased - they are manufactured.






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






40. Empty Containers






41. Inventory control - shipping - and packaging.






42. How the data behaves in a field.






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






44. Auditor independence - limits non-audit services an auditor can provide






45. 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






46. Standard way of viewing the MRP process on paper






47. 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






48. 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






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






50. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated