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






2. One company code cannot have more than one ________






3. 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






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






5. 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






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






7. 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






8. Microsoft and SAP have been working on _____- Intended to let companies have access to SAP data and processes using Microsoft Office UIs - Goal of Duet is to expand and simplify adoption of SAP ERP by making workers more efficient






9. FI's target audience






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






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






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






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






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






15. Conduct business over the internet






16. Modules are integrated for the purchasing process at the ____________.






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






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






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






20. The lowest valuation area






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






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






23. Benefits of EDI: Costs of paper - printing and posting eliminated - ____________ - Fast and efficient ordering - Suppliers and buyers are "locked" into business relationships






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






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






26. Process is associated with the MM module in SAP






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






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






29. 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






30. On the first of every month - you must be able to post transactions - Close and open the books. - Transaction code: ___






31. Roadmap: project documentation storage location.






32. Configuration side of SAP






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






34. Balance sheet - income statement






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






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






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






39. 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






40. 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






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






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






43. G/L Accounts - Vendor Masters General Data - Material Master General Data - Divisions - and Distribution Channels.






44. General ledger accounts are created at ________






45. Time needed for supplier to fill order






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






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






48. How the data behaves in a field.






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






50. Determining production and order quantities







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