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






2. 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.






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






4. Assets - Liabilities - equity - revenues - expenses -






5. 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






6. Use of internet technologies for procurement activities - Benefits: Less expensive to use the internet than private EDI networks - Purchasing costs further reduced as suppliers compete for orders






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






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






9. Configuration side of SAP






10. 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.






11. Setting the defaults of the SAP screen for a company






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






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






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






15. MUST be assigned at Plant level






16. Standard way of viewing the MRP process on paper






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






18. 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






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






20. 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






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






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






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






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






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






26. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.






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






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






29. Percentage of the order the supplier provided in first shipment






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






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






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






33. Changing the programming code






34. 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






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






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






37. 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






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






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






40. One company code cannot have more than one ________






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






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






43. Common term in manufacturing for aggregate planning - Disaggregated to generate detailed production schedules - Applies simple capacity-estimating techniques to production plan to test feasibility - Allows planner to see forecast results graphically






44. Run at Plant level






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






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






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






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






49. Overhead items - Difficult to associate with specific products






50. Roadmap: project documentation storage location.