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Test your basic knowledge |
SAP ERP
Start Test
Study First
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. 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
Duet
Purchase info record
SOLAR_PROJECT_ADMIN
Demand Management
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
SAP NetWeaver
Sales and Operations Planning (SOP)
Cash-to-Cash cycle time
Reservation
3. 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
MRP
Duet
Materials Requirements Planning (MRP)
Purchase info record
4. General data is stored at the client level - company code is stored at FI - and purchasing data is stored at purchasing level. Client level: Address - communication - ____________. Company code level: Payment transactions and account management. Purc
Repetitive Manufacturing
Activity-Based Costing
Bank information
Web Services
5. 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
E-Commerce
Web Services
LEER
Internet-based procurement
6. FI's target audience
Types of COA
MMPV
Account groups
External
7. Determining production and order quantities
Chart of Accounts
Archiving
Lot Sizing
Purchasing and Accounts Payable
8. Process of developing a prediction of future demand for a product
Cost of operations
Sales Forecasting
Archiving
Internal
9. Standard way of viewing the MRP process on paper
MRP Record
Valuation of inventory
Microsoft server software
Transactions
10. The prerequisites for MRP: It has to be ________. - The MRP views in the material master have to have been established.
Turned on
Credit control area
Sarbanes-Oxley Act
Rough-Cut Plannin
11. 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
Title IV
Exchanges
Microsoft server software
Standard Costs
12. One company code cannot have more than one ________
Account groups
Fiscal year variant
Microsoft server software
MM fiscal period
13. Process of breaking down the production plan into finer time units to meet individual product demand
Reports made from GL
Demand Management
Types of COA
Organizational structure
14. Auditor independence - limits non-audit services an auditor can provide
SAP NetWeaver
Title II
Types of COA
Client
15. To value inventory and a set time of year.
Income Statement
MM fiscal period
General Ledger
MMPV
16. The amount of an item that can be produced - Plans should consider available capacity
Inventory
Procurement - PP
Managerial accounting
Capacity
17. More stringent requirements for financial reporting
Managerial accounting
Title IV
Title II
Inventory
18. 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
Microsoft server software
Accounting
LEER
Title IX
19. The transaction side of SAP
Cost of operations
Back Office Processing
SAP Men
Credit control area
20. Specialized buyers - that can buy more in volume at a better discount.
Master data
Fiscal years
Purchasing group
Purchasing organization
21. COMPLETE RECORD of all acceptable biz transactions from ACCOUNTANT VIEW.
MMPV
Rough-Cut Plannin
Purchasing information records
General ledger
22. The entities within a business process that are used repeatedly; they help the business process to flow.
Master data
Back Office Processing
Forecast
SAP Men
23. Maintain Vendor master records
Purchasing and Accounts Payable
Transactions
Back Office Processing
Customizatio
24. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
Bullwhip Effect
Financial accounting
Reconciliation account
Profit and Loss Statement (P&L)
25. Detailed plan of what is to be produced - considering machine and labor capacity
SAP Men
Master data
Chart of Accounts
Detailed Scheduling
26. Advantages of Using ASP: Affordability - _____________ - Expertise
Shorter implementation time
E-Commerce
Reports made from GL
Fiscal years
27. SAP recommends the ____________ be established at the plant level.
Valuation of inventory
Currency Translation
MM fiscal period
WM module
28. Two company codes in the same company cannot have different
Supply Chain
Solution manager
Accounting
Fiscal years
29. 'Recipe' or list of materials (including quantities) needed to make a product
General ledger
Bill of Material (BOM)
Title IV
Business-to-Business (B2B)
30. Includes cost of buying and handling inventory - processing orders - and IS support
Direct Costs
Negative stock allowance
Business area
SCM costs
31. SAP modules where the purchasing process exists
Forecast
Plant
Sales and Operations Planning (SOP)
MM and FI
32. Differences between actual and standard costs
Credit control area
Materials Requirements Planning (MRP)
Cost Variances
MRP
33. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated
Storage location
Sales and Operations Planning (SOP)
Title IV
Purchasing organizations
34. A plant does not have to be a [traditional] physical structure - Anything that holds _______ that is valued can be a plant.
Minimized errors
Inventory
Fiscal year variant
Managerial accounting
35. 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.
Purchasing information records
General ledger master account
Lot Sizing
Profit and Loss Statement (P&L)
36. Percentage of the order the supplier provided in first shipment
Bullwhip Effect
Initial Fill Rate
Turned on
Supply Chain
37. Finished Product: Are produced internally - Normally no purchasing views exist
Currency Translation
FERT
Goods receipt
Turned on
38. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.
Transactions
Business focus
Cash-to-Cash cycle time
Microsoft server software
39. Inventory control - shipping - and packaging.
Repetitive Manufacturing
Bill of Material (BOM)
MM fiscal period
WM module
40. MRP can generate two types of orders: Planned Production Orders - __________ Orders
Bank information
Planned Purchase
Lead Time
Microsoft server software
41. Traditional record of accounting - something about what screens you can access it from
Forecast
General Ledger
Cash-to-Cash cycle time
Credit control area
42. 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
Cost Variances
Electronic marketplace
Business-to-Business (B2B)
HAWA
43. Links a material to a vendor. / Tells which vendor can provide what materials.
Supply Chain
Goods requisition
Purchase info record
Managerial accounting
44. Electronic computer to computer transfer of standard business documents that allows companies to handle the purchasing process electronically - Been used by companies since 1960s
Electronic Data Interchange (EDI)
Goods requisition
Chart of Accounts
Client
45. Modules are integrated for the purchasing process at the ____________.
Raw materials
Goods receipt
Archiving
Application service providers (ASP)
46. 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
Repetitive Manufacturing
Reconciliation account
Extensible Markup Language (XML)
Shorter implementation time
47. Permanently storing data
Sarbanes-Oxley Act
Archiving
Negative stock allowance
Indirect Costs
48. This FI org structure is the smallest organizational unit for which accounting can be carried out
Fiscal year variant
Company code
E-Commerce
On-Time Performanc
49. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.
Credit control area
Planned Purchase
SOLAR01
Raw materials
50. Large fluctuations in demand throughout the supply chain caused by a slight change in the number of products sold
Bullwhip Effect
Activity-Based Costing
Optional FI org structures
Storage location