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. A transaction the occurs between a company and its subsidiary






2. costing - profit - product costing - profitabilit analysis - valuations - flexibility






3. Expected costs of manufacturing a product during a particular time period - Established by: Studying historical direct and indirect cost patterns - Accounting for effects of current manufacturing changes






4. Company - Used to consolidate financial statements of multiple companies.






5. 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.






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






7. Determine which fields are listed.






8. Provides management of applications for a company over a network






9. 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






10. The transaction side of SAP






11. Differences between actual and standard costs






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






13. Gathering place for buyers and sellers on the internet






14. Finished Product: Are produced internally - Normally no purchasing views exist






15. Setting the defaults of the SAP screen for a company






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






17. Determining production and order quantities






18. Configuration: sets up configuration templates - or menu paths - for the project.






19. Large fluctuations in demand throughout the supply chain caused by a slight change in the number of products sold






20. Disadvantages of Using ASP: Security - Bandwidth/Response Time - Flexibility - No frills - Technical - not __________






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






22. Traditional record of accounting - something about what screens you can access it from






23. Has two options: Special or Default; there can be more than one CCA.






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






25. Empty Containers






26. When inventory is sent out before being recorded as received.






27. Method for developing a product cost analysis in ERP






28. How the data behaves in a field.






29. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated






30. Assets - Liabilities - equity - revenues - expenses -






31. Tracking technology that uses a small package - or tag - device that includes a microprocessor and antenna that can be attached to products






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






33. Electronic computer to computer transfer of standard business documents that allows companies to handle the purchasing process electronically - Been used by companies since 1960s






34. Intermediary internet-based network run by an outside EDI provider






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






36. 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 -






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






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






39. Balance sheet - income statement






40. More stringent requirements for financial reporting






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






42. Determines required quantity and timing of the production or purchase of subassemblies and raw materials needed to support MPS






43. Processing of sales orders through a company's marketing - manufacturing - shipping and accounting systems






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






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






46. General ledger accounts are created at ________






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






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






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






50. SAP recommends the ____________ be established at the plant level.