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. 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






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






3. SAP modules where the purchasing process exists






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






5. 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






6. 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






7. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.






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






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






10. Changing the programming code






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






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






13. Determine which fields are listed.






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






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






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






17. Assets - Liabilities - equity - revenues - expenses -






18. 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






19. Differences between actual and standard costs






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






21. Standard way of viewing the MRP process on paper






22. 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






23. Permanently storing data






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






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






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






27. 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






28. MUST be assigned at Plant level






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






30. Cumulative time required between the supplier receiving the order and order delivery






31. More stringent requirements for financial reporting






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






33. How the data behaves in a field.






34. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.






35. The transaction side of SAP






36. Preset limits on an employee's ability to post transactions - SAP offers ability to set limits on the dollar value for a single item in a document as well as the total value of document






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






38. The lowest valuation area






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






40. Modules are integrated for the purchasing process at the ____________.






41. Inventory control - shipping - and packaging.






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






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






44. 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.






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






46. Determining production and order quantities






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






48. 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 -






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






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