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. If supplier agreed to requested delivery dates - tracks how often dates are met






2. 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






3. External accounting- balance sheet - profit and loss statement - legal requirement - standards -






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






5. 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






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






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






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






9. Advanced form of inventory cost accounting in which overhead costs are assigned to products - based on the manufacturing activities that gave rise to the costs - Keeps records on costs and activities - Requires more bookkeeping than traditional cost






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






11. Overhead items - Difficult to associate with specific products






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






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






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






15. 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






16. 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






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






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






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






20. 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






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






22. To share a ___________________ - One person creates the general ledger - and then the others create it using the same account number - and assign it to their company code.






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






24. Two company codes in the same company cannot have different






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






26. 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






27. 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.






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






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






30. Trading goods: Always purchased externally - Sold without any change to the material - No manufacturing views exist.






31. 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






32. Percentage of the order the supplier provided in first shipment






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






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






35. SAP modules where the purchasing process exists






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






37. Specialized buyers - that can buy more in volume at a better discount.






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






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






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






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






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






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






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






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






46. Changing the programming code






47. Differences between actual and standard costs






48. FI's target audience






49. Process is associated with the MM module in SAP






50. One company code cannot have more than one ________