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. 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






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






3. Changing the programming code






4. 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.






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






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






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






8. Permanently storing data






9. Conduct business over the internet






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






11. Run at Plant level






12. 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






13. Common financial statement that shows a firm's profit or loss for a time period






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






15. How the data behaves in a field.






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






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






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






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






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






21. Time needed for supplier to fill order






22. Balance sheet - income statement






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






24. All activities that occur between the growing or mining of raw materials and the finished products






25. 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






26. Company's______________ including costs for factory utilities - general factory labor - factory management - storage - insurance - and other manufacturing-related costs






27. Maintain Vendor master records






28. Inventory control - shipping - and packaging.






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






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






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






32. MUST be assigned at Plant level






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






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






35. Process is associated with the MM module in SAP






36. Configuration side of SAP






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






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






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






40. 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






41. 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






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






43. SAP modules where the purchasing process exists






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






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






46. Gathering place for buyers and sellers on the internet






47. Method for developing a product cost analysis in ERP






48. Empty Containers






49. 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






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