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Test your basic knowledge |
SAP ERP
Start Test
Study First
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
IMG Menu
Field status variants
Business focus
Back Office Processing
2. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly
ROH
SOLAR_PROJECT_ADMIN
Standard Costs
Reconciliation account
3. 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
Plant
Lead Time
Exchanges
Inventory
4. To share a ___________________ - One person creates the general ledger - and then the others create it using the same account number - and assign it to their company code.
Master data
Storage location
General ledger master account
Negative stock allowance
5. Cumulative time required between the supplier receiving the order and order delivery
MRP
Lead Time
Balance Sheet
Procurement - PP
6. 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
Repetitive Manufacturing
Field status variants
SAP Men
Balance Sheet
7. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
MM and FI
Standard Costs
Reconciliation account
Valuation of inventory
8. Empty Containers
Intercompany Transaction
Sarbanes-Oxley Act
Fiscal year variant
LEER
9. Gathering place for buyers and sellers on the internet
Electronic marketplace
Lead Time
Application service providers (ASP)
Raw materials
10. 'Recipe' or list of materials (including quantities) needed to make a product
Purchasing and Accounts Payable
Transactions
Business-to-Customer (B2C)
Bill of Material (BOM)
11. Links a material to a vendor. / Tells which vendor can provide what materials.
Goods receipt
Raw materials
Purchase info record
Lead Time
12. 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
Types of COA
Tolerance Groups
Bill of Material (BOM)
Company code
13. Traditional record of accounting - something about what screens you can access it from
Initial Order Lead Time
General Ledger
Field status variants
Purchasing and Accounts Payable
14. Advantages of Using ASP: Affordability - _____________ - Expertise
General ledger master account
Application service providers (ASP)
Purchase info record
Shorter implementation time
15. Method for developing a product cost analysis in ERP
Materials Requirements Planning (MRP)
Title IV
Repetitive Manufacturing
Product Cost Variant
16. SAP recommends the ____________ be established at the plant level.
Valuation of inventory
General Ledger
Standard Costs
Purchase info record
17. 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
Internet-based procurement
Purchase info record
MM fiscal period
External
18. Specialized buyers - that can buy more in volume at a better discount.
Accounting
SOLAR_PROJECT_ADMIN
Bill of Material (BOM)
Purchasing group
19. An item that is widely available at a standard level of quality
Accounting
Business-to-Business (B2B)
Commodity
Archiving
20. Detailed plan of what is to be produced - considering machine and labor capacity
Master Production Schedule (MPS)
Detailed Scheduling
Cash-to-Cash cycle time
Indirect Costs
21. Balance sheet - income statement
Direct Costs
Lead Time
Reports made from GL
Purchasing information records
22. The org structures in MM: Plant - storage location - __________ - purchasing group - and valuation area.
MRP
Procurement - PP
Reports made from GL
Purchasing organization
23. Intermediary internet-based network run by an outside EDI provider
LEER
Title IV
Value-Added Network (VAN)
Purchasing information records
24. Conduct business over the internet
Title II
Exchanges
E-Commerce
Inventory
25. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse
Business area
Sarbanes-Oxley Act
Drill Down
Extensible Markup Language (XML)
26. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside
Field status variants
Reservation
Extensible Markup Language (XML)
Income Statement
27. Benefits of EDI: Costs of paper - printing and posting eliminated - ____________ - Fast and efficient ordering - Suppliers and buyers are "locked" into business relationships
External
Master Production Schedule (MPS)
Minimized errors
MRP
28. To value inventory and a set time of year.
Purchasing organization
MM fiscal period
Acceptable biz transaction
Intercompany Transaction
29. Overhead items - Difficult to associate with specific products
Transactions
Indirect Costs
Duet
Company code
30. 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
Balance Sheet
Valuation of inventory
Demand Management
Business-to-Business (B2B)
31. Assets - Liabilities - equity - revenues - expenses -
Title IV
Types of COA
Purchasing and Accounts Payable
WM module
32. COMPLETE RECORD of all acceptable biz transactions from ACCOUNTANT VIEW.
Profit and Loss Statement (P&L)
Credit control area
Standard Costs
General ledger
33. costing - profit - product costing - profitabilit analysis - valuations - flexibility
Sales Forecasting
More than
Activity-Based Costing
Managerial accounting
34. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.
MM fiscal period
SOLAR01
FI org structures
Cost Variances
35. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.
SOLAR02
Purchasing group
Currency Translation
Raw materials
36. Inventory control - shipping - and packaging.
Demand Management
Currency Translation
Inventory
WM module
37. The entities within a business process that are used repeatedly; they help the business process to flow.
Income Statement
Master data
Field status variants
IMG Menu
38. 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
HIBE
Product Cost Variant
Extensible Markup Language (XML)
Account groups
39. Has two options: Special or Default; there can be more than one CCA.
Credit control area
Balance Sheet
Sales Forecasting
Electronic Data Interchange (EDI)
40. 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
Fiscal year variant
Business-to-Customer (B2C)
Goods requisition
Standard Costs
41. Includes cost of buying and handling inventory - processing orders - and IS support
On-Time Performanc
HIBE
Account groups
SCM costs
42. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.
Hypertext Markup Language (HTML)
Forecast
ROH
Capacity
43. 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 -
Chart of accounts
Master Production Schedule (MPS)
Fiscal year variant
Goods receipt
44. Finished Product: Are produced internally - Normally no purchasing views exist
MM and FI
FERT
Field status variants
MRP Record
45. Run at Plant level
Hypertext Markup Language (HTML)
MRP
General ledger master account
Title IX
46. Master data associated with the MM module: Vendor masters - material masters - and ____________.
Reconciliation account
HAWA
Purchasing information records
On-Time Performanc
47. Used for keeping track of amounts owed/how large a client's credit line is.
Credit control area
Direct Costs
Chart of Accounts
Client level
48. The amount of an item that can be produced - Plans should consider available capacity
HIBE
Standard Costs
Credit control area
Capacity
49. Permanently storing data
Archiving
Hypertext Markup Language (HTML)
Field status variants
Detailed Scheduling
50. 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
E-Commerce
Field status variants
Balance Sheet
Minimized errors