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






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






3. 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






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






5. One company code cannot have more than one ________






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






7. 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






8. Process is associated with the MM module in SAP






9. Microsoft and SAP have been working on _____- Intended to let companies have access to SAP data and processes using Microsoft Office UIs - Goal of Duet is to expand and simplify adoption of SAP ERP by making workers more efficient






10. Trading goods: Always purchased externally - Sold without any change to the material - No manufacturing views exist.






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






12. Process of developing a prediction of future demand for a product






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






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






15. SAP modules where the purchasing process exists






16. If supplier agreed to requested delivery dates - tracks how often dates are met






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






18. Gathering place for buyers and sellers on the internet






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






20. Overhead items - Difficult to associate with specific products






21. Configuration side of SAP






22. Cumulative time required between the supplier receiving the order and order delivery






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






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






25. 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






26. Specifies only how information will look when viewed through browser - ERP systems now accept data in XML format - Streamlines data entry - reduces errors and reduces server loads - XML is very attractive to smaller companies because it allows data t






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






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






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






30. How the data behaves in a field.






31. Operating supplies






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






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






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






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






36. 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






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






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






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






40. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.






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






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






43. Run at Plant level






44. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated






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






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






47. 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






48. Concerning financial statement account balances expressed in one currency into balances expressed in another currency






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






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