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






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






3. General ledger accounts are created at ________






4. Operating supplies






5. Differences between actual and standard costs






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






7. The prerequisites for MRP: It has to be ________. - The MRP views in the material master have to have been established.






8. 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






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






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






11. To value inventory and a set time of year.






12. The transaction side of SAP






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






14. CO's target audience






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






16. 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






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






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






19. Communication and sales between manufacturers - wholesalers - retailers - and suppliers - Area of most business growth on the internet - Can occur using both EDI and the internet






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






21. Maintain Vendor master records






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






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






24. Common term in manufacturing for aggregate planning - Disaggregated to generate detailed production schedules - Applies simple capacity-estimating techniques to production plan to test feasibility - Allows planner to see forecast results graphically






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






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






27. Assets - Liabilities - equity - revenues - expenses -






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






29. How the data behaves in a field.






30. Run at Plant level






31. Inventory control - shipping - and packaging.






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






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






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






35. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.






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






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






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






39. Gathering place for buyers and sellers on the internet






40. Company's______________ including costs for factory utilities - general factory labor - factory management - storage - insurance - and other manufacturing-related costs






41. Permanently storing data






42. The steps to procurement: Initialization from MRP. - Creating a __________ order. - Creating a purchase order. - Receive goods for purchasing / goods receipt. - Invoice receipt. - Pay if purchase order - invoice receipt - and goods receipt fall withi






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






44. Process is associated with the MM module in SAP






45. This FI org structure is the smallest organizational unit for which accounting can be carried out






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






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






48. 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






49. To share a ___________________ - One person creates the general ledger - and then the others create it using the same account number - and assign it to their company code.






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