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. Provides management of applications for a company over a network






2. FI's target audience






3. CO's target audience






4. Changing the programming code






5. Trading goods: Always purchased externally - Sold without any change to the material - No manufacturing views exist.






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






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






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






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






10. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly






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






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






13. Gathering place for buyers and sellers on the internet






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






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






16. Inventory control - shipping - and packaging.






17. Determine which fields are listed.






18. SAP modules where the purchasing process exists






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






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






21. Overhead items - Difficult to associate with specific products






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






23. Standard way of viewing the MRP process on paper






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






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






26. 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






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






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






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






30. Conduct business over the internet






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






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






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






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






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






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






37. Differences between actual and standard costs






38. The prerequisites for MRP: It has to be ________. - The MRP views in the material master have to have been established.






39. The transaction side of SAP






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






41. Roadmap: project documentation storage location.






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






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






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






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






46. 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






47. General ledger accounts are created at ________






48. 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.






49. 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






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