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






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






3. Standard way of viewing the MRP process on paper






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






5. 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






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






7. Inventory control - shipping - and packaging.






8. Ability to view the details behind the summary of information - Direct links between financial statements and individual transactions that make up statements - Fraud and abuse can be detected more easily






9. 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.






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






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






12. One company code cannot have more than one ________






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






14. Configuration side of SAP






15. 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






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






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






18. Operating supplies






19. Empty Containers






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






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






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






23. Roadmap: project documentation storage location.






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






25. 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






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






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






28. 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






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






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






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






32. SAP modules where the purchasing process exists






33. 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






34. Assets - Liabilities - equity - revenues - expenses -






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






36. Time needed for supplier to fill order






37. 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.






38. SAP org structure at the highest level - created at that level






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. 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 -






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






42. Method for developing a product cost analysis in ERP






43. Raw Materials: Purchased externally only - No sales view






44. More stringent requirements for financial reporting






45. 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






46. How the data behaves in a field.






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






48. Financial statements filed with the SEC must include a statement signed by the CEO and CFO - certifying that the financial statement complies with SEC rules






49. 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






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