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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. Provides management of applications for a company over a network
Drill Down
Application service providers (ASP)
Financial accounting
Types of COA
2. The org structures in MM: Plant - storage location - __________ - purchasing group - and valuation area.
Business area
Reservation
Sarbanes-Oxley Act
Purchasing organization
3. 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
Title IX
Activity-Based Costing
Tolerance Groups
Customizatio
4. 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 II
Cost Variances
Duet
5. Purchasing organization be assigned to _______ one plant - If you want to use the same purchasing organization by more than one company code - you have to assign the purchasing organization at Plant level
Commodity
More than
Goods requisition
Title IX
6. All activities that occur between the growing or mining of raw materials and the finished products
Chart of Accounts
Rough-Cut Plannin
Supply Chain
MM fiscal period
7. Used for keeping track of amounts owed/how large a client's credit line is.
Title IX
MRP Record
Credit control area
Inventory
8. Processing of sales orders through a company's marketing - manufacturing - shipping and accounting systems
Demand Management
Business-to-Customer (B2C)
Back Office Processing
Bullwhip Effect
9. The amount of an item that can be produced - Plans should consider available capacity
Purchasing group
Capacity
Valuation of inventory
Accounting
10. When inventory is sent out before being recorded as received.
Commodity
Negative stock allowance
Internal
Cost of operations
11. A plant does not have to be a [traditional] physical structure - Anything that holds _______ that is valued can be a plant.
SOLAR01
Cost Variances
Sales and Operations Planning (SOP)
Inventory
12. Configuration side of SAP
Storage location
Transactions
IMG Menu
FI org structures
13. 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
HAWA
E-Commerce
Forecast
Exchanges
14. Raw Materials: Purchased externally only - No sales view
Types of COA
Reports made from GL
Accounting
ROH
15. 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
Standard Costs
Duet
Purchasing information records
MRP
16. Common financial statement that shows a firm's profit or loss for a time period
Account groups
RMMAIN
Procurement - PP
Income Statement
17. 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
MRP Record
Microsoft server software
Standard Costs
SOLAR_PROJECT_ADMIN
18. MUST be assigned at Plant level
Purchasing organizations
Purchasing organization
Purchasing information records
LEER
19. Detailed plan of what is to be produced - considering machine and labor capacity
MRP
Balance Sheet
Detailed Scheduling
Cost of operations
20. Benefits of EDI: Costs of paper - printing and posting eliminated - ____________ - Fast and efficient ordering - Suppliers and buyers are "locked" into business relationships
Microsoft server software
Minimized errors
MMPV
Application service providers (ASP)
21. Overhead items - Difficult to associate with specific products
On-Time Performanc
Indirect Costs
General Ledger
SAP Men
22. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
Title II
Back Office Processing
Lot Sizing
Reconciliation account
23. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits
Master data
Sales Forecasting
Income Statement
Acceptable biz transaction
24. Disadvantages of Using ASP: Security - Bandwidth/Response Time - Flexibility - No frills - Technical - not __________
Standard Costs
Raw materials
Business focus
Business-to-Business (B2B)
25. Large fluctuations in demand throughout the supply chain caused by a slight change in the number of products sold
Bullwhip Effect
Credit control area
Balance Sheet
General ledger master account
26. Measurement of performance - used in relation to the effects of supply-chain management efforts
External
Radio Frequency Identification Technology (RFID)
Metrics
Direct Costs
27. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated
Storage location
MRP
Materials Requirements Planning (MRP)
Demand Management
28. Traditional record of accounting - something about what screens you can access it from
General Ledger
Bullwhip Effect
Sarbanes-Oxley Act
Business focus
29. Collection of components that support business transactions over the internet - Modules include: Enterprise Portal - Mobile Infrastructure - Business Intelligence - Master Data Management - and Exchange Infrastructure
Back Office Processing
Tolerance Groups
On-Time Performanc
SAP NetWeaver
30. Determine which fields are listed.
Indirect Costs
Activity-Based Costing
Account groups
Valuation of inventory
31. Business blueprint: sets up the templates of the transaction codes that are to be used for the project.
SOLAR01
Goods requisition
Transactions
Chart of accounts
32. costing - profit - product costing - profitabilit analysis - valuations - flexibility
RMMAIN
Managerial accounting
Archiving
Cost of operations
33. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.
ROH
FERT
Forecast
IMG Menu
34. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside
Valuation of inventory
Reservation
Purchasing organizations
Title IV
35. Client - company - company code - chart of accounts - fiscal year variant - and credit control area.
FI org structures
Inventory
Lead Time
Credit control area
36. Operating supplies
Sales and Operations Planning (SOP)
Credit control area
HIBE
SAP NetWeaver
37. Conduct business over the internet
More than
Initial Order Lead Time
Fiscal years
E-Commerce
38. The lowest valuation area
Purchase info record
Plant
Client level
Lead Time
39. SAP recommends the ____________ be established at the plant level.
HAWA
Bullwhip Effect
Valuation of inventory
Client
40. Company - Used to consolidate financial statements of multiple companies.
More than
Optional FI org structures
Credit control area
Direct Costs
41. The transaction side of SAP
Electronic Data Interchange (EDI)
SAP Men
Master data
Managerial accounting
42. Process of determining what the company will produce - Input: sales forecast provided by Marketing - Output: production plan designed to balance market demand with production capacity - Production plan is input for next step - demand management
Chart of accounts
Internal
Sales and Operations Planning (SOP)
Business-to-Business (B2B)
43. MRP can generate two types of orders: Planned Production Orders - __________ Orders
Repetitive Manufacturing
Internal
Planned Purchase
Bill of Material (BOM)
44. 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
Duet
Initial Fill Rate
Title IV
Internet-based procurement
45. If supplier agreed to requested delivery dates - tracks how often dates are met
Standard Costs
Master data
On-Time Performanc
Business-to-Business (B2B)
46. Links a material to a vendor. / Tells which vendor can provide what materials.
Negative stock allowance
Purchase info record
Plant
Account groups
47. 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
Back Office Processing
Purchasing organizations
Web Services
SOLAR02
48. Material Master records are maintained by: Purchasing - Production - ________ - Sales
Metrics
Accounting
Purchasing organizations
Inventory
49. Configuration: sets up configuration templates - or menu paths - for the project.
Finished goods
Goods requisition
SOLAR02
Fiscal year variant
50. Specifies only how information will look when viewed through browser - ERP systems now accept data in XML format - Streamlines data entry - reduces errors and reduces server loads - XML is very attractive to smaller companies because it allows data t
Cash-to-Cash cycle time
Hypertext Markup Language (HTML)
Initial Fill Rate
Chart of accounts