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






2. COMPLETE RECORD of all acceptable biz transactions from ACCOUNTANT VIEW.






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






4. One company code cannot have more than one ________






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






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






7. Method for developing a product cost analysis in ERP






8. Collection of components that support business transactions over the internet - Modules include: Enterprise Portal - Mobile Infrastructure - Business Intelligence - Master Data Management - and Exchange Infrastructure






9. Processing of sales orders through a company's marketing - manufacturing - shipping and accounting systems






10. 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






11. Determines required quantity and timing of the production or purchase of subassemblies and raw materials needed to support MPS






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






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






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






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






16. 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






17. 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






18. Used for keeping track of amounts owed/how large a client's credit line is.






19. Tracking technology that uses a small package - or tag - device that includes a microprocessor and antenna that can be attached to products






20. Cumulative time required between the supplier receiving the order and order delivery






21. The lowest valuation area






22. SAP modules where the purchasing process exists






23. Gathering place for buyers and sellers on the internet






24. Conduct business over the internet






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






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






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






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






29. Permanently storing data






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






31. 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






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






33. 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.






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






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






36. The entities within a business process that are used repeatedly; they help the business process to flow.






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






38. Differences between actual and standard costs






39. Run at Plant level






40. Trading goods: Always purchased externally - Sold without any change to the material - No manufacturing views exist.






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






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






43. 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






44. 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






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






46. FI's target audience






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






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






49. Measurement of performance - used in relation to the effects of supply-chain management efforts






50. Affects financial position of entity can measure in $ - affects atleast 2 accounts - debits = credits