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






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






3. Operating supplies






4. 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






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






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






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






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






9. 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






10. 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






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






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






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






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






15. Process is associated with the MM module in SAP






16. To value inventory and a set time of year.






17. Gathering place for buyers and sellers on the internet






18. 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 -






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






20. Determine which fields are listed.






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






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






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






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






25. 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






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






27. 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






28. The org structures in MM: Plant - storage location - __________ - purchasing group - and valuation area.






29. 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






30. Purchasing organization be assigned to _______ one plant - If you want to use the same purchasing organization by more than one company code - you have to assign the purchasing organization at Plant level






31. One company code cannot have more than one ________






32. 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






33. An optional org structure; however - it is required by some businesses. A business area is for analyzing performance and being able to categorize a group of products into one group.






34. Determining production and order quantities






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






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






37. Roadmap: project documentation storage location.






38. 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






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






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






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






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






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






45. SAP modules where the purchasing process exists






46. CO's target audience






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






48. Permanently storing data






49. 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






50. Client - company - company code - chart of accounts - fiscal year variant - and credit control area.







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