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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. Concerning financial statement account balances expressed in one currency into balances expressed in another currency
Tolerance Groups
Company code
Currency Translation
HAWA
2. Determine which fields are listed.
Lot Sizing
Account groups
Client
Configuration
3. Run at Plant level
Activity-Based Costing
MRP
Planned Purchase
Bank information
4. 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
Internal
Standard Costs
More than
Solution manager
5. Process of breaking down the production plan into finer time units to meet individual product demand
Field status variants
Planned Purchase
Demand Management
E-Commerce
6. Differences between actual and standard costs
Business-to-Customer (B2C)
Lot Sizing
Materials Requirements Planning (MRP)
Cost Variances
7. 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 -
Turned on
Credit control area
Chart of accounts
Fiscal year variant
8. Do not have a purchasing view. Are not ever purchased - they are manufactured.
Finished goods
Financial accounting
Demand Management
RMMAIN
9. One type of B2B electronic marketplace - typically focused on a single industry - Private exchange - type of industry marketplace where membership is restricted to selected participants
Master Production Schedule (MPS)
Exchanges
Bullwhip Effect
Credit control area
10. Electronic computer to computer transfer of standard business documents that allows companies to handle the purchasing process electronically - Been used by companies since 1960s
Radio Frequency Identification Technology (RFID)
Goods requisition
Electronic Data Interchange (EDI)
Commodity
11. MRP can generate two types of orders: Planned Production Orders - __________ Orders
Purchase info record
Planned Purchase
Purchasing and Accounts Payable
Chart of accounts
12. Used for keeping track of amounts owed/how large a client's credit line is.
Purchasing group
Inventory
Purchasing organization
Credit control area
13. Configuration: sets up configuration templates - or menu paths - for the project.
SOLAR02
MMPV
Extensible Markup Language (XML)
SOLAR_PROJECT_ADMIN
14. Raw Materials: Purchased externally only - No sales view
Fiscal year variant
ROH
Profit and Loss Statement (P&L)
MM fiscal period
15. 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
Balance Sheet
Capacity
Standard Costs
Value-Added Network (VAN)
16. Process of developing a prediction of future demand for a product
Cost Variances
Materials Requirements Planning (MRP)
Sales Forecasting
Transactions
17. Disadvantages of Using ASP: Security - Bandwidth/Response Time - Flexibility - No frills - Technical - not __________
Bill of Material (BOM)
Business focus
ROH
Master data
18. Gathering place for buyers and sellers on the internet
Rough-Cut Plannin
Title IV
Electronic marketplace
Capacity
19. Common financial statement that shows a firm's profit or loss for a time period
Title II
Income Statement
Fiscal years
Back Office Processing
20. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.
Finished goods
More than
SOLAR01
Raw materials
21. If supplier agreed to requested delivery dates - tracks how often dates are met
On-Time Performanc
Plant
Raw materials
LEER
22. Modules are integrated for the purchasing process at the ____________.
Goods receipt
Storage location
Chart of accounts
Client level
23. Client - company - company code - chart of accounts - fiscal year variant - and credit control area.
FI org structures
Electronic Data Interchange (EDI)
Finished goods
Radio Frequency Identification Technology (RFID)
24. To value inventory and a set time of year.
Purchasing information records
Managerial accounting
MM fiscal period
General Ledger
25. Includes cost of buying and handling inventory - processing orders - and IS support
Purchasing group
Title II
SCM costs
Product Cost Variant
26. Master data associated with the MM module: Vendor masters - material masters - and ____________.
Purchasing information records
Initial Fill Rate
General ledger
Chart of accounts
27. Balance sheet - income statement
Initial Fill Rate
Raw materials
Activity-Based Costing
Reports made from GL
28. SAP org structure at the highest level - created at that level
Client
Managerial accounting
FI org structures
Metrics
29. When inventory is sent out before being recorded as received.
HIBE
Negative stock allowance
Commodity
LEER
30. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated
Storage location
On-Time Performanc
MM fiscal period
Internal
31. Detailed plan of what is to be produced - considering machine and labor capacity
Value-Added Network (VAN)
Title IX
Internet-based procurement
Detailed Scheduling
32. Percentage of the order the supplier provided in first shipment
Initial Fill Rate
SAP NetWeaver
Sales Forecasting
Client
33. Roadmap: project documentation storage location.
Hypertext Markup Language (HTML)
Client
Bullwhip Effect
RMMAIN
34. 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
Value-Added Network (VAN)
Electronic Data Interchange (EDI)
Minimized errors
Internet-based procurement
35. Time between paying for raw materials and collecting cash from customer
Company code
SAP NetWeaver
Client
Cash-to-Cash cycle time
36. Benefits of EDI: Costs of paper - printing and posting eliminated - ____________ - Fast and efficient ordering - Suppliers and buyers are "locked" into business relationships
Tolerance Groups
SAP Men
Minimized errors
Purchasing organizations
37. Setting the defaults of the SAP screen for a company
Capacity
MM and FI
Configuration
Repetitive Manufacturing
38. 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
Forecast
Web Services
Reports made from GL
Bill of Material (BOM)
39. Determining production and order quantities
Lot Sizing
Supply Chain
Client
Product Cost Variant
40. Trading goods: Always purchased externally - Sold without any change to the material - No manufacturing views exist.
HAWA
Direct Costs
General ledger
Solution manager
41. Specifies only how information will look when viewed through browser - ERP systems now accept data in XML format - Streamlines data entry - reduces errors and reduces server loads - XML is very attractive to smaller companies because it allows data t
Hypertext Markup Language (HTML)
Supply Chain
Microsoft server software
Fiscal year variant
42. Specialized buyers - that can buy more in volume at a better discount.
Goods receipt
WM module
Purchasing group
IMG Menu
43. Permanently storing data
Archiving
Turned on
Standard Costs
ROH
44. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse
Income Statement
SOLAR02
Sarbanes-Oxley Act
Cost Variances
45. The amount of an item that can be produced - Plans should consider available capacity
Capacity
Chart of accounts
Metrics
Radio Frequency Identification Technology (RFID)
46. Provides management of applications for a company over a network
Bank information
Configuration
Radio Frequency Identification Technology (RFID)
Application service providers (ASP)
47. COMPLETE RECORD of all acceptable biz transactions from ACCOUNTANT VIEW.
Title II
Solution manager
Configuration
General ledger
48. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.
Demand Management
Internet-based procurement
Shorter implementation time
Transactions
49. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.
Income Statement
Master data
Business-to-Customer (B2C)
Electronic marketplace
50. 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
General Ledger
SOLAR_PROJECT_ADMIN
WM module
Metrics