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






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






3. Gathering place for buyers and sellers on the internet






4. 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 -






5. Determining production and order quantities






6. The lowest valuation area






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






8. More stringent requirements for financial reporting






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






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






11. 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






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






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






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






15. General ledger accounts are created at ________






16. Assets - Liabilities - equity - revenues - expenses -






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






18. 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






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






20. Traditional record of accounting - something about what screens you can access it from






21. Determine which fields are listed.






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






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






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






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






26. Conduct business over the internet






27. Overhead items - Difficult to associate with specific products






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






29. FI's target audience






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






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






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






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






34. 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






35. Process is associated with the MM module in SAP






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






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






38. Permanently storing data






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






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






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






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






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






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






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






46. 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






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






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






49. One company code cannot have more than one ________






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