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. SAP modules where the purchasing process exists






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






3. 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.






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






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






6. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.






7. FI's target audience






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






9. Configuration side of SAP






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






11. Assets - Liabilities - equity - revenues - expenses -






12. Roadmap: project documentation storage location.






13. Determining production and order quantities






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






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






16. 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






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






18. Gathering place for buyers and sellers on the internet






19. 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






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






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






22. 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 -






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






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






25. Combination of software tools that lets various programs within organization communicate with other applications - Also known as Service-Oriented Architecture (SOA) - Offers ability to add new applications quickly - Implementing SOA is not easy - ROI






26. General ledger accounts are created at ________






27. Determine which fields are listed.






28. 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






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






30. 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






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






32. Provides management of applications for a company over a network






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






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






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






36. 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






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






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






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






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






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






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






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






44. Time needed for supplier to fill order






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






46. 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






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






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






49. 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






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