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






2. General data is stored at the client level - company code is stored at FI - and purchasing data is stored at purchasing level. Client level: Address - communication - ____________. Company code level: Payment transactions and account management. Purc






3. 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






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






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






6. Manufacturing environment in which production lines are switched from one product to another similar product - Production lines are scheduled for time blocks rather than number of items






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






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






9. 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






10. Determine which fields are listed.






11. Gathering place for buyers and sellers on the internet






12. Conduct business over the internet






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






14. Assets - Liabilities - equity - revenues - expenses -






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






16. Differences between actual and standard costs






17. SAP modules where the purchasing process exists






18. Process is associated with the MM module in SAP






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






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






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






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






23. The org structures in MM: Plant - storage location - __________ - purchasing group - and valuation area.






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






25. Maintain Vendor master records






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






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






29. Detailed plan of what is to be produced - considering machine and labor capacity






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






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






32. Determining production and order quantities






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






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






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






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






37. 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






38. 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






39. One company code cannot have more than one ________






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






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






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






43. 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.






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






45. Configuration side of SAP






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






47. How the data behaves in a field.






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






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






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