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. Intermediary internet-based network run by an outside EDI provider






2. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.






3. Roadmap: project documentation storage location.






4. Inventory control - shipping - and packaging.






5. 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






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






7. 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






8. 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






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






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






11. Process is associated with the MM module in SAP






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






13. An item that is widely available at a standard level of quality






14. Gathering place for buyers and sellers on the internet






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






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






17. Differences between actual and standard costs






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






19. Determining production and order quantities






20. Manufacturing environment in which production lines are switched from one product to another similar product - Production lines are scheduled for time blocks rather than number of items






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






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






23. 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






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






25. Maintain Vendor master records






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






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






28. General data is stored at the client level - company code is stored at FI - and purchasing data is stored at purchasing level. Client level: Address - communication - ____________. Company code level: Payment transactions and account management. Purc






29. Two company codes in the same company cannot have different






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






31. 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






32. Setting the defaults of the SAP screen for a company






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






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






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






36. Standard way of viewing the MRP process on paper






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






38. Provides management of applications for a company over a network






39. Empty Containers






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






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






42. 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






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






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






45. 'Recipe' or list of materials (including quantities) needed to make a product






46. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.






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






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






49. This has to be assigned for each comapny code to be able to create GL for the company. basis of general ledger - complete list of all acounts utilized in GL for a company. Reports made from balances in GL COA -






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