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Test your basic knowledge |
SAP ERP
Start Test
Study First
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. A transaction the occurs between a company and its subsidiary
Intercompany Transaction
Purchasing and Accounts Payable
Accounting
Client
2. 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
Title IV
Duet
Initial Order Lead Time
Business focus
3. A record that shows a company's sales costs of sales - and the profit and loss for a period
Application service providers (ASP)
Profit and Loss Statement (P&L)
Currency Translation
SOLAR01
4. Raw Materials: Purchased externally only - No sales view
Exchanges
ROH
MRP
MRP Record
5. Gathering place for buyers and sellers on the internet
Electronic marketplace
SOLAR02
Internet-based procurement
Planned Purchase
6. Company's______________ including costs for factory utilities - general factory labor - factory management - storage - insurance - and other manufacturing-related costs
Indirect Costs
HAWA
Cost of operations
Bill of Material (BOM)
7. Common financial statement that shows account balances such as Cash held - Accounts Receivable: Amounts owed to company by customers - Cost of raw materials and finished goods inventory - Long term assets - Amounts owed to vendors - banks - and credi
Standard Costs
Raw materials
FI org structures
Balance Sheet
8. Company - Used to consolidate financial statements of multiple companies.
Managerial accounting
Optional FI org structures
Transactions
Commodity
9. SAP recommends the ____________ be established at the plant level.
Title II
Valuation of inventory
External
Company code
10. 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.
Sales and Operations Planning (SOP)
General ledger master account
MRP Record
Plant
11. External accounting- balance sheet - profit and loss statement - legal requirement - standards -
Goods requisition
Exchanges
MRP Record
Financial accounting
12. The entities within a business process that are used repeatedly; they help the business process to flow.
Master data
Intercompany Transaction
MMPV
Drill Down
13. Process of developing a prediction of future demand for a product
Sales Forecasting
Credit control area
Plant
ROH
14. Process is associated with the MM module in SAP
HIBE
Procurement - PP
Minimized errors
Financial accounting
15. Time between paying for raw materials and collecting cash from customer
Cash-to-Cash cycle time
Rough-Cut Plannin
Title IV
ROH
16. Entities that represent the structure of the company and how it's made and how it's used. It's the framework for everything.
Organizational structure
Title IX
Forecast
Demand Management
17. SAP modules where the purchasing process exists
MM and FI
Field status variants
Repetitive Manufacturing
Title IV
18. 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
Negative stock allowance
Intercompany Transaction
Standard Costs
SOLAR_PROJECT_ADMIN
19. Specialized buyers - that can buy more in volume at a better discount.
Configuration
Purchasing group
Extensible Markup Language (XML)
Detailed Scheduling
20. 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
Repetitive Manufacturing
Supply Chain
Currency Translation
Reservation
21. 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 -
Purchasing group
Profit and Loss Statement (P&L)
Forecast
Chart of accounts
22. Finished Product: Are produced internally - Normally no purchasing views exist
Web Services
FERT
Credit control area
Reports made from GL
23. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
Title IV
Reconciliation account
Company code
Master data
24. Modules are integrated for the purchasing process at the ____________.
General ledger
FI org structures
Goods receipt
Client
25. Auditor independence - limits non-audit services an auditor can provide
Business-to-Customer (B2C)
Raw materials
Title II
Value-Added Network (VAN)
26. Inventory control - shipping - and packaging.
Shorter implementation time
WM module
LEER
SAP NetWeaver
27. Has two options: Special or Default; there can be more than one CCA.
Accounting
Credit control area
Archiving
HAWA
28. Time needed for supplier to fill order
HIBE
Initial Order Lead Time
Account groups
Electronic Data Interchange (EDI)
29. Process of breaking down the production plan into finer time units to meet individual product demand
Demand Management
E-Commerce
SOLAR02
Purchasing organization
30. Roadmap: project documentation storage location.
Purchase info record
SOLAR02
SOLAR01
RMMAIN
31. Common financial statement that shows a firm's profit or loss for a time period
Lead Time
FERT
Income Statement
Profit and Loss Statement (P&L)
32. Configuration: sets up configuration templates - or menu paths - for the project.
Product Cost Variant
SOLAR02
Acceptable biz transaction
Duet
33. 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
Activity-Based Costing
Client level
Reservation
Electronic marketplace
34. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside
More than
General ledger
Detailed Scheduling
Reservation
35. CO's target audience
Cost Variances
Internal
Electronic Data Interchange (EDI)
Master data
36. Advantages of Using ASP: Affordability - _____________ - Expertise
More than
Shorter implementation time
Activity-Based Costing
Indirect Costs
37. Maintain Vendor master records
Standard Costs
Purchasing and Accounts Payable
Title II
Accounting
38. Permanently storing data
Archiving
IMG Menu
E-Commerce
Materials Requirements Planning (MRP)
39. Assets - Liabilities - equity - revenues - expenses -
Types of COA
Radio Frequency Identification Technology (RFID)
Business-to-Customer (B2C)
Intercompany Transaction
40. If supplier agreed to requested delivery dates - tracks how often dates are met
Turned on
Client level
SAP Men
On-Time Performanc
41. 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
Tolerance Groups
Purchasing group
Bank information
Bullwhip Effect
42. The amount of an item that can be produced - Plans should consider available capacity
Capacity
MM and FI
Balance Sheet
SAP NetWeaver
43. Master data associated with the MM module: Vendor masters - material masters - and ____________.
Planned Purchase
Purchasing group
Purchasing information records
Internal
44. costing - profit - product costing - profitabilit analysis - valuations - flexibility
Chart of accounts
ROH
IMG Menu
Managerial accounting
45. Overhead items - Difficult to associate with specific products
Field status variants
Optional FI org structures
Indirect Costs
Business area
46. Determines required quantity and timing of the production or purchase of subassemblies and raw materials needed to support MPS
Materials Requirements Planning (MRP)
Types of COA
Product Cost Variant
Finished goods
47. Measurement of performance - used in relation to the effects of supply-chain management efforts
External
Raw materials
Archiving
Metrics
48. Communication and sales between manufacturers - wholesalers - retailers - and suppliers - Area of most business growth on the internet - Can occur using both EDI and the internet
Business-to-Business (B2B)
Finished goods
Shorter implementation time
SAP NetWeaver
49. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.
SOLAR01
Client level
LEER
SOLAR02
50. Traditional record of accounting - something about what screens you can access it from
General Ledger
Activity-Based Costing
Client level
Turned on