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Exam (elaborations)

Netsuite Financial User Practice Exam Questions And Answers
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Netsuite Financial User Practice Exam Questions And Answers 3) Which three steps are required to prevent someone from accessing some accounts but not others? Customize the role to restrict access by segment Designate Department | Class | Location on the account Tag the Employee record to Depa...

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  • October 26, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • Netsuite SuiteFoundation
  • Netsuite SuiteFoundation

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Netsuite Financial User Practice Exam
Questions And Answers

3) Which three steps are required to prevent someone from accessing some accounts but not

others? Customize the role to restrict access by segment


Designate Department | Class | Location on the account

Tag the Employee record to Department | Class | Location




4) How does enabling Accounting features affect the chart of accounts? New accounts are

automatically added to the chart of accounts when needed.




5) Which account type is non-posting? Statistical




6) What is the order of steps for the NetSuite standard accounts receivable process?

Approve Sales Order > Fulfill Sales Order > Bill Sales Order




7) What does the setting "Accept Payment at Top Level Customer" allow for? Customers

may pay the bills of Subcustomers

, Netsuite Financial User Practice Exam
Questions And Answers
8) What is true about multi-currency Customers? Customers may use an unlimited number

of currencies.




9) Which two statements are true about Invoices in NetSuite? (Choose two.) Invoices can

be created without reference to a Sales Order.The Electronic Invoicing SuiteApp allows sending

of individual invoices or batches.




10) Which two transactions containing inventory items will post to COGS? (Choose two.)

Item Fulfillment


Standalone invoices




11) Which statement is true about Accept Customer Payment? A single customer payment

can be applied to multiple invoices.




12) Which statement is true about Customer Deposits? Customer Deposits are recorded as

a liability.




13) Which transaction requires a credit memo before a refund? Invoice

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