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. MUST be assigned at Plant level






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






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






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






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






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






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






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






9. 'Recipe' or list of materials (including quantities) needed to make a product






10. FI's target audience






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






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






13. Overhead items - Difficult to associate with specific products






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






15. Process is associated with the MM module in SAP






16. How the data behaves in a field.






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






18. Roadmap: project documentation storage location.






19. Run at Plant level






20. Programming language of the internet that uses tags that define the data contained within them - XML coded data can go directly from web page into database without middleware of needing to be rekeyed into the system - XML users can create customized






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






22. Benefits of EDI: Costs of paper - printing and posting eliminated - ____________ - Fast and efficient ordering - Suppliers and buyers are "locked" into business relationships






23. Determining production and order quantities






24. 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






25. A record that shows a company's sales costs of sales - and the profit and loss for a period






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






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






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






29. Concerning financial statement account balances expressed in one currency into balances expressed in another currency






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






31. 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






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






33. Inventory control - shipping - and packaging.






34. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.






35. The lowest valuation area






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






37. Determines required quantity and timing of the production or purchase of subassemblies and raw materials needed to support MPS






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






39. General ledger accounts are created at ________






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






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






42. SAP recommends the ____________ be established at the plant level.






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






44. Determine which fields are listed.






45. Standard way of viewing the MRP process on paper






46. 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






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






48. Assets - Liabilities - equity - revenues - expenses -






49. Differences between actual and standard costs






50. Configuration side of SAP






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