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. All activities that occur between the growing or mining of raw materials and the finished products






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






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






4. The transaction side of SAP






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






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






7. 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






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






9. Differences between actual and standard costs






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






11. 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






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






13. Changing the programming code






14. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.






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






16. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse






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






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






19. Inventory control - shipping - and packaging.






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






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






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






23. 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






24. Gathering place for buyers and sellers on the internet






25. 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.






26. 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






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






28. Empty Containers






29. 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






30. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.






31. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits






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






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






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






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






36. Roadmap: project documentation storage location.






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






38. CO's target audience






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






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






41. The lowest valuation area






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






43. 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






44. Maintain Vendor master records






45. Determining production and order quantities






46. 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 -






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






48. 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






49. 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






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