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. Provides management of applications for a company over a network






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






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






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.






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






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






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






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






9. The amount of an item that can be produced - Plans should consider available capacity






10. When inventory is sent out before being recorded as received.






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






12. Configuration side of SAP






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






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






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






16. Common financial statement that shows a firm's profit or loss for a time period






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






18. MUST be assigned at Plant level






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






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






21. Overhead items - Difficult to associate with specific products






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






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






24. Disadvantages of Using ASP: Security - Bandwidth/Response Time - Flexibility - No frills - Technical - not __________






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






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






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






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






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






30. Determine which fields are listed.






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






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






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






34. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside






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






36. Operating supplies






37. Conduct business over the internet






38. The lowest valuation area






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






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






41. The transaction side of SAP






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






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






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






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






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






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






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






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






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