100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
NETSUITE ERP Consultant Exam Q&A $14.99   Add to cart

Exam (elaborations)

NETSUITE ERP Consultant Exam Q&A

 2 views  0 purchase
  • Course
  • Institution

NETSUITE ERP Consultant Exam Q&A

Preview 3 out of 21  pages

  • June 16, 2023
  • 21
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
avatar-seller
NETSUITE ERP Consultant Exam Q&A
Which three requirements can be addressed using standard NetSuite
functionality in accounting preferences?

A. Automatically Email Drop Ship P.O.s.
B. Send Order Fulfilled Confirmation Emails.
C. Send Email Confirmation when Sales Order Updated.
D. Send Email Confirmation when Sales Order Canceled.
E. Automatically Email Sales Rep on Sales Order Approval. Correct Ans -
A. Automatically Email Drop Ship P.O.s.

B. Send Order Fulfilled Confirmation Emails.

D. Send Email Confirmation when Sales Order Canceled.

A company has decided to use the Class segment to track product lines on
sales. They would like to force users to
enter a value in this field and have configured the system to show the class
field at the line level of transactions.
Which two configurations are required to meet these requirements?

A. Set a default value based on the Class of the current user.
B. Enable the accounting preference Make Classes Mandatory.
C. Disable the accounting preference Make Classes Mandatory.
D. Create a dummy value called "No Class" to select on transactions where a
product line is not applicable. Correct Ans - B. Enable the accounting
preference Make Classes Mandatory.

D. Create a dummy value called "No Class" to select on transactions where a
product line is not applicable.

Which action is recommended for undesired accounts in preparing for go-
live?

A. Leave undesired accounts active to avoid disabling features.
B. Leave undesired accounts active in case transactions post to them.
C. Inactivate undesired accounts to remove them from searches and reports.

,D. Inactivate undesired accounts to prevent transactions from posting to them
Correct Ans - B. Leave undesired accounts active in case transactions post
to them.

What is a benefit of viewing Chart of Accounts with Show Inactives Marked?

A. Accounts can be sorted by subsidiary.
B. The Inline Editing option becomes available.
C. Amounts posted to inactive default accounts are visible.
D. Inactive and delete checkboxes can be used to disable features. Correct
Ans - C. Amounts posted to inactive default accounts are visible.

Which three valid characteristics affect setting up and assigning NetSuite
default segments
(Department/Class/Location)?

A. Locations are available for tracking inventory.
B. Segments can be used to restrict data access.
C. Segments can be defined in relation to each other.
D. Only Classes can be configured for Commissions.
E. Departments can be defined in a hierarchy for reporting purposes.
Correct Ans - A. Locations are available for tracking inventory.

B. Segments can be used to restrict data access.

E. Departments can be defined in a hierarchy for reporting purposes.

Which segment combinations require SuiteScript?

A. Limit Account to specific Classes
B. Limit Class to specific Departments
C. Limit Account to specific Subsidiaries
D. Limit Department to specific Subsidiaries Correct Ans - B. Limit
Class to specific Departments

Which two statements are true about the Multiple Calendars feature?

A. Without this feature, Tax Periods are the same as Accounting Periods.
B. Without this feature, the Tax Years are the same across all subsidiaries.

, C. With this feature, U.S. and Canadian subsidiaries can utilize Tax Period
functionality.
D. With this feature, different fiscal calendar definitions can be used on the
same subsidiary for accounting
and tax periods. Correct Ans - B. Without this feature, the Tax Years
are the same across all subsidiaries.

D. With this feature, different fiscal calendar definitions can be used on the
same subsidiary for accounting
and tax periods.

What is the impact of enabling the "Void Transactions Using Reversing
Journals" setting?

A. It displays a VOID button on the transaction and voids the Journal Entry.
B. It displays a VOID button on the transaction and creates a Reversing Journal
Entry.
C. It displays a CANCEL button on the transaction and allows a manual Journal
Entry to be associated.
D. It displays a CANCEL button on the transaction and negates the GL impact,
making the transaction nonposting. Correct Ans - B. It displays a VOID
button on the transaction and creates a Reversing Journal Entry.

Which functionality is included when the Consolidated Payments feature is
enabled?

A. The credit limit set on individual subcustomers records is enforced.
B. Consolidated Unbilled Orders are shown as a sublist on the customer
record.
C. The A/R Aging report shows the un-consolidated balance for each
subcustomer.
D. Only consolidated statements for the entire customer-subcustomer can be
printed. Correct Ans - C. The A/R Aging report shows the un-
consolidated balance for each subcustomer.

A company has customers with centralized purchasing departments that buy
products for multiple locations at the

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Studyhall. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82871 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.99
  • (0)
  Add to cart