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. Permanently storing data






2. 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 -






3. One company code cannot have more than one ________






4. 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






5. 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






6. Differences between actual and standard costs






7. Empty Containers






8. CO's target audience






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






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






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






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






13. Process is associated with the MM module in SAP






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






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






16. 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






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






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






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






20. Setting the defaults of the SAP screen for a company






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






22. Gathering place for buyers and sellers on the internet






23. Maintain Vendor master records






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






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






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






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






28. Operating supplies






29. Time between paying for raw materials and collecting cash from customer






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






31. Determining production and order quantities






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






33. Client - company - company code - chart of accounts - fiscal year variant - and credit control area.






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






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






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






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






38. Time needed for supplier to fill order






39. Conduct business over the internet






40. 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






41. Assets - Liabilities - equity - revenues - expenses -






42. Process of developing a prediction of future demand for a product






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






44. 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






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






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






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






48. Common term in manufacturing for aggregate planning - Disaggregated to generate detailed production schedules - Applies simple capacity-estimating techniques to production plan to test feasibility - Allows planner to see forecast results graphically






49. 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.






50. More stringent requirements for financial reporting