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






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






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






4. 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






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






6. Determining production and order quantities






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






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






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






10. Standard way of viewing the MRP process on paper






11. 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.






12. Project administration: create the project and set up the parameters for the project.- Can create project: Name - description - give person as lead - assign language - and give start and end dates. Set project members and roles. Establish roadmap tem






13. 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






14. 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






15. SAP modules where the purchasing process exists






16. General ledger accounts are created at ________






17. Maintain Vendor master records






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






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






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






21. 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






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






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






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






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






26. Method for developing a product cost analysis in ERP






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






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






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






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






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






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






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






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






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






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






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






38. An item that is widely available at a standard level of quality






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






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






41. Overhead items - Difficult to associate with specific products






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






43. 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






44. Determine which fields are listed.






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






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






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






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






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






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