SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. Materials and labor - Costs in a finished product that can be estimated fairly accurately
SOLAR01
More than
Master data
Direct Costs
2. More stringent requirements for financial reporting
Finished goods
Bank information
Title IV
Credit control area
3. Percentage of the order the supplier provided in first shipment
WM module
MRP
SOLAR01
Initial Fill Rate
4. Do not have a sales view - Because they are not sold - only finished goods or trading goods are sold.
Purchasing group
Value-Added Network (VAN)
Raw materials
Credit control area
5. Used for keeping track of amounts owed/how large a client's credit line is.
Intercompany Transaction
Repetitive Manufacturing
Credit control area
Electronic Data Interchange (EDI)
6. CO's target audience
FERT
Valuation of inventory
Internal
Microsoft server software
7. Has two options: Special or Default; there can be more than one CCA.
Solution manager
Supply Chain
Credit control area
Bank information
8. SAP modules where the purchasing process exists
Internal
Fiscal year variant
Storage location
MM and FI
9. costing - profit - product costing - profitabilit analysis - valuations - flexibility
Managerial accounting
Supply Chain
Plant
Product Cost Variant
10. Detailed plan of what is to be produced - considering machine and labor capacity
Commodity
Product Cost Variant
Detailed Scheduling
Purchasing and Accounts Payable
11. A record that shows a company's sales costs of sales - and the profit and loss for a period
MMPV
Shorter implementation time
Profit and Loss Statement (P&L)
Exchanges
12. 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
Business-to-Customer (B2C)
E-Commerce
Income Statement
13. Client - company - company code - chart of accounts - fiscal year variant - and credit control area.
Business focus
Extensible Markup Language (XML)
FI org structures
Electronic Data Interchange (EDI)
14. Configuration: sets up configuration templates - or menu paths - for the project.
Activity-Based Costing
On-Time Performanc
SOLAR02
Application service providers (ASP)
15. Includes cost of buying and handling inventory - processing orders - and IS support
Forecast
Application service providers (ASP)
Company code
SCM costs
16. MUST be assigned at Plant level
Purchasing organizations
Duet
Purchase info record
Demand Management
17. To value inventory and a set time of year.
MM fiscal period
Field status variants
Negative stock allowance
Customizatio
18. Assets - Liabilities - equity - revenues - expenses -
Application service providers (ASP)
Sarbanes-Oxley Act
E-Commerce
Types of COA
19. Disadvantages of Using ASP: Security - Bandwidth/Response Time - Flexibility - No frills - Technical - not __________
SOLAR01
Forecast
Sarbanes-Oxley Act
Business focus
20. The lowest valuation area
Customizatio
Plant
Financial accounting
Intercompany Transaction
21. Advanced form of inventory cost accounting in which overhead costs are assigned to products - based on the manufacturing activities that gave rise to the costs - Keeps records on costs and activities - Requires more bookkeeping than traditional cost
Customizatio
Activity-Based Costing
General Ledger
Lead Time
22. Tracking technology that uses a small package - or tag - device that includes a microprocessor and antenna that can be attached to products
Materials Requirements Planning (MRP)
Sales and Operations Planning (SOP)
FI org structures
Radio Frequency Identification Technology (RFID)
23. Communication and sales between business and the buying public - Popularly - but incorrectly - thought of as the most common form of e-commerce
Inventory
Title IV
Business-to-Customer (B2C)
MRP Record
24. 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
SCM costs
ROH
Credit control area
Business-to-Business (B2B)
25. Production plan for all finished goods - Output for demand management process
General Ledger
Currency Translation
SOLAR_PROJECT_ADMIN
Master Production Schedule (MPS)
26. Roadmap: project documentation storage location.
RMMAIN
Goods receipt
Fiscal year variant
Title IX
27. Determining production and order quantities
Lot Sizing
General ledger
HIBE
Forecast
28. External accounting- balance sheet - profit and loss statement - legal requirement - standards -
Purchasing organization
Financial accounting
Sarbanes-Oxley Act
Managerial accounting
29. When inventory is sent out before being recorded as received.
On-Time Performanc
Negative stock allowance
Fiscal year variant
Company code
30. Concerning financial statement account balances expressed in one currency into balances expressed in another currency
Balance Sheet
Currency Translation
Sales and Operations Planning (SOP)
Client level
31. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse
Intercompany Transaction
Sarbanes-Oxley Act
Shorter implementation time
Business focus
32. Conduct business over the internet
E-Commerce
Title IV
Valuation of inventory
Solution manager
33. Changing the programming code
Hypertext Markup Language (HTML)
Acceptable biz transaction
Customizatio
Minimized errors
34. Measurement of performance - used in relation to the effects of supply-chain management efforts
Initial Order Lead Time
Plant
Bill of Material (BOM)
Metrics
35. The ________ for the purchasing process exists in MM and FI: they use the G/L accounts for purchasing.
Sales and Operations Planning (SOP)
Master data
Configuration
SAP Men
36. General ledger accounts are created at ________
Planned Purchase
RMMAIN
IMG Menu
Client level
37. 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
Customizatio
Metrics
Transactions
Internet-based procurement
38. 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
Tolerance Groups
Balance Sheet
Optional FI org structures
Standard Costs
39. The relationship between the general ledger and the chart of accounts: A general ledger uses a chart of accounts to be able to do ______________.
SOLAR01
Metrics
Standard Costs
Transactions
40. Finished Product: Are produced internally - Normally no purchasing views exist
Accounting
Lot Sizing
Cost of operations
FERT
41. Two company codes in the same company cannot have different
Initial Order Lead Time
SCM costs
SOLAR02
Fiscal years
42. MRP can generate two types of orders: Planned Production Orders - __________ Orders
Acceptable biz transaction
SAP Men
Supply Chain
Planned Purchase
43. Trading goods: Always purchased externally - Sold without any change to the material - No manufacturing views exist.
Raw materials
Tolerance Groups
HAWA
MRP Record
44. 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.
Duet
Credit control area
General ledger master account
Currency Translation
45. Cumulative time required between the supplier receiving the order and order delivery
Cost Variances
Supply Chain
Lead Time
Product Cost Variant
46. Determine which fields are listed.
Account groups
Indirect Costs
Cost of operations
Turned on
47. A sub ledger account - part of a holding account traditionally accounts payable or accounts receivable - that helps books to be balanced.
Credit control area
Demand Management
Tolerance Groups
Reconciliation account
48. Large fluctuations in demand throughout the supply chain caused by a slight change in the number of products sold
Client
Business focus
Turned on
Bullwhip Effect
49. An item that is widely available at a standard level of quality
Commodity
Turned on
General ledger
Chart of accounts
50. 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
Web Services
Managerial accounting
Inventory
Repetitive Manufacturing