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. 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






2. 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.






3. Assets - Liabilities - equity - revenues - expenses -






4. Process of breaking down the production plan into finer time units to meet individual product demand






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






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






7. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside






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






9. One company code cannot have more than one ________






10. Configuration side of SAP






11. 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






12. Production plan for all finished goods - Output for demand management process






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






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






15. 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






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






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






18. CO's target audience






19. A transaction the occurs between a company and its subsidiary






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






21. 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






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






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






24. Operating supplies






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






26. Overhead items - Difficult to associate with specific products






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






28. Master data associated with the MM module: Vendor masters - material masters - and ____________.






29. Time needed for supplier to fill order






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






31. 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






32. Measurement of performance - used in relation to the effects of supply-chain management efforts






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






34. 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






35. Changing the programming code






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






37. Auditor independence - limits non-audit services an auditor can provide






38. Method for developing a product cost analysis in ERP






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






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






41. Conduct business over the internet






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






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






44. Maintain Vendor master records






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






46. Determining production and order quantities






47. Common financial statement that shows a firm's profit or loss for a time period






48. Process of determining what the company will produce - Input: sales forecast provided by Marketing - Output: production plan designed to balance market demand with production capacity - Production plan is input for next step - demand management






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






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