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. Configuration side of SAP






2. Differences between actual and standard costs






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






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






5. Process is associated with the MM module in SAP






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






7. Process of breaking down the production plan into finer time units to meet individual product demand






8. The steps to procurement: Initialization from MRP. - Creating a __________ order. - Creating a purchase order. - Receive goods for purchasing / goods receipt. - Invoice receipt. - Pay if purchase order - invoice receipt - and goods receipt fall withi






9. Process of determining what the company will produce - Input: sales forecast provided by Marketing - Output: production plan designed to balance market demand with production capacity - Production plan is input for next step - demand management






10. Balance sheet - income statement






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






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






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






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






15. The lowest valuation area






16. 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.






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






18. Standard way of viewing the MRP process on paper






19. 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






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






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






22. Gathering place for buyers and sellers on the internet






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






24. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.






25. Assets - Liabilities - equity - revenues - expenses -






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






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






28. Run at Plant level






29. Overhead items - Difficult to associate with specific products






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






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






32. Inventory control - shipping - and packaging.






33. 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






34. 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






35. Operating supplies






36. Determine which fields are listed.






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






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






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






40. 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






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






42. Time needed for supplier to fill order






43. FI's target audience






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






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






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






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






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






49. Roadmap: project documentation storage location.






50. 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