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






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






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






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






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






6. 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






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






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






9. Assets - Liabilities - equity - revenues - expenses -






10. Material Master records are maintained by: Purchasing - Production - ________ - Sales






11. How the data behaves in a field.






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






13. Run at Plant level






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






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






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






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






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






19. Roadmap: project documentation storage location.






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






21. SAP modules where the purchasing process exists






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






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






24. 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






25. 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






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






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






28. 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






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






30. More stringent requirements for financial reporting






31. 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






32. General ledger accounts are created at ________






33. An optional org structure; however - it is required by some businesses. A business area is for analyzing performance and being able to categorize a group of products into one group.






34. Determine which fields are listed.






35. Overhead items - Difficult to associate with specific products






36. Permanently storing data






37. Determining production and order quantities






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






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






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






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






42. The transaction side of SAP






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






44. 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






45. Method for developing a product cost analysis in ERP






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






47. 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






48. Changing the programming code






49. Maintain Vendor master records






50. 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