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. Gathering place for buyers and sellers on the internet






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






3. Changing the programming code






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






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






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






7. Raw Materials: Purchased externally only - No sales view






8. MRP can generate two types of orders: Planned Production Orders - __________ Orders






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






10. 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






11. Process is associated with the MM module in SAP






12. Determine which fields are listed.






13. SAP org structure at the highest level - created at that level






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






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






16. Maintain Vendor master records






17. Inventory control - shipping - and packaging.






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






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






20. The lowest valuation area






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






22. Permanently storing data






23. 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






24. Conduct business over the internet






25. Time needed for supplier to fill order






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






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






28. SAP modules where the purchasing process exists






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






30. 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 -






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






32. Empty Containers






33. Run at Plant level






34. Differences between actual and standard costs






35. 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






36. CO's target audience






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






38. Determining production and order quantities






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






40. 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






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






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






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






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






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






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






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






48. Roadmap: project documentation storage location.






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






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