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. 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






2. Processing of sales orders through a company's marketing - manufacturing - shipping and accounting systems






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






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






5. 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






6. Changing the programming code






7. General ledger accounts are created at ________






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






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






10. 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






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






12. Operating supplies






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






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






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






16. When inventory is sent out before being recorded as received.






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






18. Differences between actual and standard costs






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






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






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






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






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






24. Inventory control - shipping - and packaging.






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






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






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






28. 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






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






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






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






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






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






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






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






36. Permanently storing data






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






38. 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 -






39. 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






40. CO's target audience






41. To value inventory and a set time of year.






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






43. Process is associated with the MM module in SAP






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






45. Determine which fields are listed.






46. Configuration side of SAP






47. Configuration: sets up configuration templates - or menu paths - for the project.






48. 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






49. Assets - Liabilities - equity - revenues - expenses -






50. Gathering place for buyers and sellers on the internet