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 recommends the ____________ be established at the plant level.






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






3. 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






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






5. General ledger accounts are created at ________






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






7. FI's target audience






8. Overhead items - Difficult to associate with specific products






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






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






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






12. Process is associated with the MM module in SAP






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






14. Gathering place for buyers and sellers on the internet






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






16. Permanently storing data






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






18. Changing the programming code






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






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






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






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






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






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






25. 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






26. 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






27. Maintain Vendor master records






28. Inventory control - shipping - and packaging.






29. One company code cannot have more than one ________






30. 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.






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






32. 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






33. 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






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






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






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






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






38. Materials and labor - Costs in a finished product that can be estimated fairly accurately






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






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






41. More stringent requirements for financial reporting






42. The transaction side of SAP






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






44. This FI org structure is the smallest organizational unit for which accounting can be carried out






45. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits






46. Configuration side of SAP






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






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






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






50. Determining production and order quantities