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






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






3. 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






4. 'Recipe' or list of materials (including quantities) needed to make a product






5. Changing the programming code






6. Assets - Liabilities - equity - revenues - expenses -






7. Inventory control - shipping - and packaging.






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






9. Determine which fields are listed.






10. Gathering place for buyers and sellers on the internet






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






12. 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






13. 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






14. Modules are integrated for the purchasing process at the ____________.






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






16. The entities within a business process that are used repeatedly; they help the business process to flow.






17. Roadmap: project documentation storage location.






18. Method for developing a product cost analysis in ERP






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






20. 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






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






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






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






24. SAP modules where the purchasing process exists






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






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






27. The amount of an item that can be produced - Plans should consider available capacity






28. Time between paying for raw materials and collecting cash from customer






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






30. Balance sheet - income statement






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






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






34. Run at Plant level






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






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






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






38. Operating supplies






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






40. Common financial statement that shows account balances such as Cash held - Accounts Receivable: Amounts owed to company by customers - Cost of raw materials and finished goods inventory - Long term assets - Amounts owed to vendors - banks - and credi






41. Advantages of Using ASP: Affordability - _____________ - Expertise






42. External accounting- balance sheet - profit and loss statement - legal requirement - standards -






43. Preset limits on an employee's ability to post transactions - SAP offers ability to set limits on the dollar value for a single item in a document as well as the total value of document






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






45. MRP can generate two types of orders: Planned Production Orders - __________ Orders






46. 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






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






48. The lowest valuation area






49. 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






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







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