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






2. 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






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






4. Inventory control - shipping - and packaging.






5. 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.






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






7. Includes cost of buying and handling inventory - processing orders - and IS support






8. 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






9. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly






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






11. General ledger accounts are created at ________






12. 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






13. This FI org structure is the smallest organizational unit for which accounting can be carried out






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






15. Production plan for all finished goods - Output for demand management process






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






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






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






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






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






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






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






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






24. The transaction side of SAP






25. Detailed plan of what is to be produced - considering machine and labor capacity






26. 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






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






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






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






30. Determine which fields are listed.






31. FI's target audience






32. Advantages of Using ASP: Affordability - _____________ - Expertise






33. 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






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






35. 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






36. One company code cannot have more than one ________






37. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.






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






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






40. 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






41. A plant does not have to be a [traditional] physical structure - Anything that holds _______ that is valued can be a plant.






42. MUST be assigned at Plant level






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






44. 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 -






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






46. Overhead items - Difficult to associate with specific products






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






48. Time needed for supplier to fill order






49. 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






50. Roadmap: project documentation storage location.