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. Master data associated with the MM module: Vendor masters - material masters - and ____________.






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






3. Process is associated with the MM module in SAP






4. Run at Plant level






5. Determine which fields are listed.






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






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






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 ______________.






9. MUST be assigned at Plant level






10. 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






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






12. Time needed for supplier to fill order






13. Ability to view the details behind the summary of information - Direct links between financial statements and individual transactions that make up statements - Fraud and abuse can be detected more easily






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






15. CO's target audience






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






17. Overhead items - Difficult to associate with specific products






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






19. Communication and sales between business and the buying public - Popularly - but incorrectly - thought of as the most common form of e-commerce






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






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






22. FI's target audience






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






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






25. 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






26. Determining production and order quantities






27. Inventory control - shipping - and packaging.






28. Empty Containers






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






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






31. Changing the programming code






32. Modules are integrated for the purchasing process at the ____________.






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






34. Differences between actual and standard costs






35. Method for developing a product cost analysis in ERP






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






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






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






39. SAP org structure at the highest level - created at that level






40. 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






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






42. Advantages of Using ASP: Affordability - _____________ - Expertise






43. 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






44. 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






45. G/L Accounts - Vendor Masters General Data - Material Master General Data - Divisions - and Distribution Channels.






46. Configuration side of SAP






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






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






49. External accounting- balance sheet - profit and loss statement - legal requirement - standards -






50. 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