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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. COMPLETE RECORD of all acceptable biz transactions from ACCOUNTANT VIEW.
Purchase info record
General ledger
Product Cost Variant
Tolerance Groups
2. An item that is widely available at a standard level of quality
Commodity
Product Cost Variant
Negative stock allowance
SAP NetWeaver
3. One company code cannot have more than one ________
Fiscal year variant
Sarbanes-Oxley Act
Plant
Business-to-Business (B2B)
4. Company - Used to consolidate financial statements of multiple companies.
Purchasing organizations
Electronic marketplace
Optional FI org structures
Repetitive Manufacturing
5. Do not have a purchasing view. Are not ever purchased - they are manufactured.
Goods requisition
Finished goods
Field status variants
Fiscal year variant
6. If supplier agreed to requested delivery dates - tracks how often dates are met
External
On-Time Performanc
Planned Purchase
SOLAR_PROJECT_ADMIN
7. Process of breaking down the production plan into finer time units to meet individual product demand
Demand Management
Direct Costs
Rough-Cut Plannin
SAP NetWeaver
8. Large fluctuations in demand throughout the supply chain caused by a slight change in the number of products sold
Bullwhip Effect
Bill of Material (BOM)
SOLAR02
Inventory
9. 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
More than
FI org structures
Accounting
Procurement - PP
10. Provides management of applications for a company over a network
Account groups
SOLAR_PROJECT_ADMIN
Application service providers (ASP)
General ledger
11. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.
FI org structures
Optional FI org structures
Client level
Master data
12. More stringent requirements for financial reporting
Title IV
Indirect Costs
Fiscal years
Credit control area
13. How the data behaves in a field.
Goods requisition
Field status variants
MMPV
MM fiscal period
14. MUST be assigned at Plant level
Purchasing organizations
Bill of Material (BOM)
Drill Down
Hypertext Markup Language (HTML)
15. Ability to view the details behind the summary of information - Direct links between financial statements and individual transactions that make up statements - Fraud and abuse can be detected more easily
Drill Down
Fiscal year variant
Purchasing organization
Fiscal years
16. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly
Repetitive Manufacturing
Standard Costs
Purchasing group
Duet
17. Gathering place for buyers and sellers on the internet
Electronic Data Interchange (EDI)
Business focus
Electronic marketplace
Supply Chain
18. When inventory is sent out before being recorded as received.
Capacity
Commodity
Negative stock allowance
HIBE
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 ______________.
Electronic Data Interchange (EDI)
Cost of operations
Transactions
Tolerance Groups
20. 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
Demand Management
Bill of Material (BOM)
Web Services
Fiscal year variant
21. Common financial statement that shows a firm's profit or loss for a time period
Finished goods
Income Statement
Electronic Data Interchange (EDI)
Application service providers (ASP)
22. Specialized buyers - that can buy more in volume at a better discount.
Purchasing group
Materials Requirements Planning (MRP)
Drill Down
Metrics
23. The amount of an item that can be produced - Plans should consider available capacity
General ledger
Capacity
Currency Translation
Chart of accounts
24. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.
Purchasing group
Purchase info record
SOLAR01
Acceptable biz transaction
25. Concerning financial statement account balances expressed in one currency into balances expressed in another currency
FERT
Business focus
Currency Translation
Standard Costs
26. Collection of components that support business transactions over the internet - Modules include: Enterprise Portal - Mobile Infrastructure - Business Intelligence - Master Data Management - and Exchange Infrastructure
Master data
Commodity
Income Statement
SAP NetWeaver
27. All activities that occur between the growing or mining of raw materials and the finished products
Hypertext Markup Language (HTML)
Exchanges
Supply Chain
ROH
28. A record that shows a company's sales costs of sales - and the profit and loss for a period
Income Statement
SCM costs
Commodity
Profit and Loss Statement (P&L)
29. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside
LEER
Reservation
Bank information
External
30. MRP can generate two types of orders: Planned Production Orders - __________ Orders
Radio Frequency Identification Technology (RFID)
Web Services
LEER
Planned Purchase
31. Finished Product: Are produced internally - Normally no purchasing views exist
Balance Sheet
MM fiscal period
Capacity
FERT
32. 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
Master Production Schedule (MPS)
WM module
More than
Microsoft server software
33. 'Recipe' or list of materials (including quantities) needed to make a product
Profit and Loss Statement (P&L)
Solution manager
Bill of Material (BOM)
Acceptable biz transaction
34. Determine which fields are listed.
Lead Time
Master data
Business-to-Business (B2B)
Account groups
35. 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
Internet-based procurement
Tolerance Groups
Procurement - PP
General Ledger
36. Has two options: Special or Default; there can be more than one CCA.
Credit control area
MRP
Master Production Schedule (MPS)
Planned Purchase
37. This has to be assigned for each comapny code to be able to create GL for the company. basis of general ledger - complete list of all acounts utilized in GL for a company. Reports made from balances in GL COA -
External
Internal
Chart of accounts
HIBE
38. Company's______________ including costs for factory utilities - general factory labor - factory management - storage - insurance - and other manufacturing-related costs
Standard Costs
Transactions
Types of COA
Cost of operations
39. Process of developing a prediction of future demand for a product
Credit control area
Acceptable biz transaction
Commodity
Sales Forecasting
40. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits
Acceptable biz transaction
RMMAIN
Title IX
Currency Translation
41. Changing the programming code
Customizatio
Bullwhip Effect
On-Time Performanc
Capacity
42. Auditor independence - limits non-audit services an auditor can provide
Detailed Scheduling
Title II
Sales and Operations Planning (SOP)
IMG Menu
43. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse
Reconciliation account
Value-Added Network (VAN)
Sarbanes-Oxley Act
General ledger master account
44. 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
Business area
Duet
Configuration
Goods requisition
45. Used for keeping track of amounts owed/how large a client's credit line is.
Credit control area
Company code
SAP NetWeaver
Master data
46. Two company codes in the same company cannot have different
Purchasing information records
Supply Chain
Fiscal years
Business area
47. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.
Direct Costs
Forecast
Credit control area
Value-Added Network (VAN)
48. Inventory control - shipping - and packaging.
Purchasing and Accounts Payable
WM module
HIBE
Cash-to-Cash cycle time
49. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.
WM module
Reports made from GL
SOLAR01
Raw materials
50. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
Bullwhip Effect
Reconciliation account
Client level
Cash-to-Cash cycle time