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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. Process of developing a prediction of future demand for a product
Procurement - PP
Sales Forecasting
Acceptable biz transaction
Title II
2. Includes cost of buying and handling inventory - processing orders - and IS support
Hypertext Markup Language (HTML)
Credit control area
SCM costs
Purchasing organizations
3. Designed to encourage top management accountability in publicly traded firms - Written and passed in wake of Enron collapse
Field status variants
Indirect Costs
Sarbanes-Oxley Act
Purchasing organization
4. Maintain Vendor master records
Profit and Loss Statement (P&L)
Purchasing and Accounts Payable
Goods requisition
Detailed Scheduling
5. The prerequisites for MRP: It has to be ________. - The MRP views in the material master have to have been established.
SCM costs
Turned on
Accounting
Solution manager
6. A section of a plant where inventory is kept. EX: Refrigerated and Non-refrigerated
Credit control area
SAP NetWeaver
MMPV
Storage location
7. 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
SOLAR01
Metrics
Standard Costs
Purchasing group
8. SAP org structure at the highest level - created at that level
Shorter implementation time
Standard Costs
Currency Translation
Client
9. 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
MRP Record
Master data
Raw materials
Duet
10. Collection of components that support business transactions over the internet - Modules include: Enterprise Portal - Mobile Infrastructure - Business Intelligence - Master Data Management - and Exchange Infrastructure
SAP NetWeaver
Intercompany Transaction
Shorter implementation time
LEER
11. The lowest valuation area
Purchasing group
MRP Record
Plant
Goods requisition
12. This FI org structure is the smallest organizational unit for which accounting can be carried out
Company code
Materials Requirements Planning (MRP)
Value-Added Network (VAN)
Reports made from GL
13. Percentage of the order the supplier provided in first shipment
Initial Fill Rate
Rough-Cut Plannin
Planned Purchase
Intercompany Transaction
14. Combination of software tools that lets various programs within organization communicate with other applications - Also known as Service-Oriented Architecture (SOA) - Offers ability to add new applications quickly - Implementing SOA is not easy - ROI
Tolerance Groups
Business-to-Business (B2B)
Bill of Material (BOM)
Web Services
15. Advantages of Using ASP: Affordability - _____________ - Expertise
Shorter implementation time
Reports made from GL
IMG Menu
Materials Requirements Planning (MRP)
16. Changing the programming code
Procurement - PP
Customizatio
Master Production Schedule (MPS)
Lead Time
17. Conduct business over the internet
Forecast
RMMAIN
E-Commerce
Purchasing organization
18. Operating supplies
Bank information
Title II
Master data
HIBE
19. A trading good has a MRP view - even though it is only purchased - Because a ________ still has to be made.
Minimized errors
Goods requisition
SOLAR02
Forecast
20. 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
Business-to-Business (B2B)
Internal
Business area
HAWA
21. 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
Raw materials
Web Services
Title IX
Commodity
22. 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
Optional FI org structures
Master data
MM and FI
23. 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
Initial Fill Rate
Archiving
Income Statement
Drill Down
24. To value inventory and a set time of year.
Solution manager
MM fiscal period
Configuration
Business area
25. Do not have a purchasing view. Are not ever purchased - they are manufactured.
Managerial accounting
Configuration
IMG Menu
Finished goods
26. Run at Plant level
Tolerance Groups
MRP
MMPV
General Ledger
27. If supplier agreed to requested delivery dates - tracks how often dates are met
On-Time Performanc
Purchasing information records
Repetitive Manufacturing
Bank information
28. 'Recipe' or list of materials (including quantities) needed to make a product
Hypertext Markup Language (HTML)
MMPV
Bill of Material (BOM)
Commodity
29. Company - Used to consolidate financial statements of multiple companies.
Title IX
Optional FI org structures
Profit and Loss Statement (P&L)
Tolerance Groups
30. Determining production and order quantities
Initial Order Lead Time
Lot Sizing
Metrics
Goods receipt
31. The entities within a business process that are used repeatedly; they help the business process to flow.
IMG Menu
Master data
Valuation of inventory
E-Commerce
32. Setting the defaults of the SAP screen for a company
Configuration
Financial accounting
Customizatio
Raw materials
33. Detailed plan of what is to be produced - considering machine and labor capacity
On-Time Performanc
General ledger
Balance Sheet
Detailed Scheduling
34. Helps with project management. The four transactions used in here - SOLAR_PROJECT_ADMIN - RMMAIN - SOLAR01 - SOLAR02
General ledger
Solution manager
Duet
Goods requisition
35. Permanently storing data
Archiving
SAP Men
Demand Management
Client
36. 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
Lot Sizing
External
Cost Variances
Internet-based procurement
37. All activities that occur between the growing or mining of raw materials and the finished products
On-Time Performanc
Supply Chain
MM fiscal period
Profit and Loss Statement (P&L)
38. Raw Materials: Purchased externally only - No sales view
Sarbanes-Oxley Act
Goods requisition
Income Statement
ROH
39. Normal costs of manufacturing a product production and accounting must compare standard costs with actual costs to make account adjustments regularly
FERT
Commodity
Drill Down
Standard Costs
40. 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
Optional FI org structures
Lead Time
Activity-Based Costing
Internet-based procurement
41. The purpose of a __________ in the MM module: Reserving materials for an upcoming sales/production order - just puts it aside
Electronic Data Interchange (EDI)
Storage location
Reservation
Purchasing organization
42. Process of determining what the company will produce - Input: sales forecast provided by Marketing - Output: production plan designed to balance market demand with production capacity - Production plan is input for next step - demand management
Client level
Demand Management
Sales and Operations Planning (SOP)
Materials Requirements Planning (MRP)
43. Large fluctuations in demand throughout the supply chain caused by a slight change in the number of products sold
Supply Chain
Detailed Scheduling
Bullwhip Effect
Managerial accounting
44. External accounting- balance sheet - profit and loss statement - legal requirement - standards -
Hypertext Markup Language (HTML)
Financial accounting
RMMAIN
Value-Added Network (VAN)
45. Tracking technology that uses a small package - or tag - device that includes a microprocessor and antenna that can be attached to products
Radio Frequency Identification Technology (RFID)
IMG Menu
Types of COA
Exchanges
46. 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 -
Purchasing organizations
Chart of accounts
Negative stock allowance
Lead Time
47. 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
Lead Time
Goods requisition
SOLAR02
Initial Fill Rate
48. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits
General Ledger
Master data
Storage location
Acceptable biz transaction
49. Empty Containers
Intercompany Transaction
LEER
FI org structures
E-Commerce
50. CO's target audience
Microsoft server software
Internal
Detailed Scheduling
Inventory