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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
External
Radio Frequency Identification Technology (RFID)
HAWA
Application service providers (ASP)
2. FI's target audience
External
Purchasing information records
Value-Added Network (VAN)
Balance Sheet
3. CO's target audience
Planned Purchase
LEER
Internal
Business focus
4. Changing the programming code
HAWA
Customizatio
Lead Time
Web Services
5. Trading goods: Always purchased externally - Sold without any change to the material - No manufacturing views exist.
Master Production Schedule (MPS)
On-Time Performanc
HAWA
Title II
6. Do not have a purchasing view. Are not ever purchased - they are manufactured.
Credit control area
Negative stock allowance
Fiscal year variant
Finished goods
7. Client - company - company code - chart of accounts - fiscal year variant - and credit control area.
FI org structures
Title IX
ROH
Bullwhip Effect
8. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.
ROH
SAP Men
Transactions
Sales and Operations Planning (SOP)
9. The entities within a business process that are used repeatedly; they help the business process to flow.
Master data
Duet
Planned Purchase
Transactions
10. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly
Intercompany Transaction
Standard Costs
Microsoft server software
Client level
11. Assets - Liabilities - equity - revenues - expenses -
Bullwhip Effect
Materials Requirements Planning (MRP)
Archiving
Types of COA
12. Production plan for all finished goods - Output for demand management process
Purchasing group
Master Production Schedule (MPS)
Procurement - PP
Purchasing information records
13. Gathering place for buyers and sellers on the internet
Electronic marketplace
Business-to-Business (B2B)
Finished goods
Cost Variances
14. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits
Sales Forecasting
Optional FI org structures
Acceptable biz transaction
Title II
15. costing - profit - product costing - profitabilit analysis - valuations - flexibility
Managerial accounting
SCM costs
Minimized errors
Purchasing group
16. Inventory control - shipping - and packaging.
Fiscal year variant
Credit control area
Radio Frequency Identification Technology (RFID)
WM module
17. Determine which fields are listed.
MM and FI
Account groups
Master Production Schedule (MPS)
Electronic marketplace
18. SAP modules where the purchasing process exists
General ledger master account
MRP
MM and FI
Business focus
19. Configuration: sets up configuration templates - or menu paths - for the project.
Planned Purchase
SOLAR02
Solution manager
IMG Menu
20. Helps with project management. The four transactions used in here - SOLAR_PROJECT_ADMIN - RMMAIN - SOLAR01 - SOLAR02
Purchase info record
Storage location
Solution manager
Fiscal year variant
21. Overhead items - Difficult to associate with specific products
Client
Indirect Costs
Shorter implementation time
Managerial accounting
22. When inventory is sent out before being recorded as received.
Activity-Based Costing
Balance Sheet
Acceptable biz transaction
Negative stock allowance
23. Standard way of viewing the MRP process on paper
MRP Record
Customizatio
Internal
HIBE
24. Collection of components that support business transactions over the internet - Modules include: Enterprise Portal - Mobile Infrastructure - Business Intelligence - Master Data Management - and Exchange Infrastructure
Bill of Material (BOM)
SAP NetWeaver
Cost Variances
Sales and Operations Planning (SOP)
25. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside
Sarbanes-Oxley Act
SAP Men
Cash-to-Cash cycle time
Reservation
26. 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
Detailed Scheduling
Standard Costs
Bank information
Title IX
27. Detailed plan of what is to be produced - considering machine and labor capacity
SAP Men
Purchase info record
General Ledger
Detailed Scheduling
28. Electronic computer to computer transfer of standard business documents that allows companies to handle the purchasing process electronically - Been used by companies since 1960s
Purchasing and Accounts Payable
Hypertext Markup Language (HTML)
Electronic Data Interchange (EDI)
E-Commerce
29. The org structures in MM: Plant - storage location - __________ - purchasing group - and valuation area.
MRP
Raw materials
Sales Forecasting
Purchasing organization
30. Conduct business over the internet
Sales Forecasting
Customizatio
Goods requisition
E-Commerce
31. Communication and sales between business and the buying public - Popularly - but incorrectly - thought of as the most common form of e-commerce
Commodity
Business-to-Customer (B2C)
Drill Down
Procurement - PP
32. A transaction the occurs between a company and its subsidiary
Materials Requirements Planning (MRP)
Intercompany Transaction
Extensible Markup Language (XML)
Indirect Costs
33. Percentage of the order the supplier provided in first shipment
SOLAR01
IMG Menu
Intercompany Transaction
Initial Fill Rate
34. Entities that represent the structure of the company and how it's made and how it's used. It's the framework for everything.
Title IV
Organizational structure
Microsoft server software
Inventory
35. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.
Internet-based procurement
Forecast
Standard Costs
Master data
36. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse
SOLAR01
Sarbanes-Oxley Act
E-Commerce
Transactions
37. Differences between actual and standard costs
Transactions
Negative stock allowance
Microsoft server software
Cost Variances
38. The prerequisites for MRP: It has to be ________. - The MRP views in the material master have to have been established.
SAP Men
Turned on
Master Production Schedule (MPS)
Profit and Loss Statement (P&L)
39. The transaction side of SAP
MM and FI
SAP Men
Goods receipt
Valuation of inventory
40. Has two options: Special or Default; there can be more than one CCA.
Plant
Credit control area
Indirect Costs
Sarbanes-Oxley Act
41. Roadmap: project documentation storage location.
Credit control area
Master Production Schedule (MPS)
Turned on
RMMAIN
42. Tracking technology that uses a small package - or tag - device that includes a microprocessor and antenna that can be attached to products
Master data
Organizational structure
Cost of operations
Radio Frequency Identification Technology (RFID)
43. SAP recommends the ____________ be established at the plant level.
Web Services
Purchase info record
Types of COA
Valuation of inventory
44. To value inventory and a set time of year.
Minimized errors
Balance Sheet
MM fiscal period
Business-to-Customer (B2C)
45. A plant does not have to be a [traditional] physical structure - Anything that holds _______ that is valued can be a plant.
Metrics
Inventory
Chart of accounts
Business-to-Customer (B2C)
46. Company Challenges FOR Duet include: Must be using relatively current version of SAP - Must run ___________ - May require use of other SAP products - Growing competition between SAP and Microsoft in ERP software market
Microsoft server software
Initial Order Lead Time
Master data
Customizatio
47. General ledger accounts are created at ________
Title IV
Field status variants
Client level
Goods requisition
48. 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.
SAP NetWeaver
Business area
Storage location
Web Services
49. 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
Exchanges
Profit and Loss Statement (P&L)
Title IX
Cost Variances
50. Auditor independence - limits non-audit services an auditor can provide
Title II
Reports made from GL
Storage location
Inventory