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. Empty Containers






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






3. How the data behaves in a field.






4. Material Master records are maintained by: Purchasing - Production - ________ - Sales






5. 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






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






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






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






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






10. Gathering place for buyers and sellers on the internet






11. Overhead items - Difficult to associate with specific products






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






13. The transaction side of SAP






14. One company code cannot have more than one ________






15. MUST be assigned at Plant level






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






17. Determining production and order quantities






18. Changing the programming code






19. 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.






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






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






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






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






24. Maintain Vendor master records






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






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






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






28. 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






29. costing - profit - product costing - profitabilit analysis - valuations - flexibility






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






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






32. 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






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






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






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






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






37. 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






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






39. Project administration: create the project and set up the parameters for the project.- Can create project: Name - description - give person as lead - assign language - and give start and end dates. Set project members and roles. Establish roadmap tem






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






41. SAP modules where the purchasing process exists






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






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






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






45. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.






46. 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






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






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






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






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







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:

Browse all subjects

Browse all tests

Most popular tests



Major Subjects

Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Browse all subjects

Browse all tests

Most popular tests