Suitefoundation Exam Study Guide
Questions with 100% Correct
Answers
What can you apply a credit memo against? - Answer- Credit Transaction, Customer
Payment, Open Invoice
When you apply a credit memo against an (blank) or (blank), the amount of the credit is
deducted from the total amount due. - Answer- open invoice, cash sale
The (blank) preference is automatically enabled when you enable the Multi-Location
Inventory feature. - Answer- Allow Per-line Locations
Where do you select Per-line classifications (departments, classes, locations)? -
Answer- Accounting Preferences
Can you set classifications on transactions for both header and per-line? - Answer- Yes
Can you select per-line classifications only? - Answer- Yes
Can transactions in OneWorld have multiple subsidiaries? - Answer- No. Each
transaction in NetSuite OneWorld, except advanced intercompany journal entries, is tied
to one subsidiary.
How is a transaction's subsidiary determined when an entity is included? - Answer- The
transaction is assigned to the same subsidiary as the entity.
What happens when a transaction has line-level associations to more than one
subsidiary? - Answer- The general ledger posts only to the subsidiary identified in the
transaction header.
These consist of multiple combinations of product styles and variations along with their
respective bill of materials and routings. - Answer- Matrix Items
What feature satisfies this use case: Wolfe Electronics sells blank compact disks for
recording. These compact disks come in different storage capacities and colors. With
,this feature, Wolfe can track each combination of color and storage separately without
having to create an item record for each combination. - Answer- Matrix Items
With proper permissions, can you schedule a mass update to run on a recurring basis?
- Answer- Yes
When a mass update is in process, can you stop or cancel it? - Answer- No
Can you mass update role permissions? - Answer- Yes, for custom roles besides
Customer Center, Employee Center, Partner Center and Vendor Center roles.
If a mass update is not available for your needs, try using the (blank) to update data
through a CSV file import. - Answer- Import Assistant
Are all fields in the supported record types available for mass update? - Answer- No
To be available for mass update, what criteria must the field meet? - Answer- Support
inline editing
displayed on your preferred form
if standard field, must be outside of subtab lists and no dependencies
if custom field, must be stored and must not have a sourcing relationship
Where do you select "Expense Allocation"? - Answer- Enable Features
Where do you select Revenue Recognition and VSOE? - Answer- Enable Features
Where can you select "Allow users to modify revenue recognition schedule"? - Answer-
Accounting Preferences
Where can you select "Amortization"? - Answer- Enable Features
Where can you "Allow users to modify amortization schedule"? - Answer- Accounting
Preferences
Can you restrict files on an individual basis? - Answer- No. Access is restricted at the
folder level.
If you use the file cabinet for hosting website files, it is important that all of those files
have the (blank) check box checked. - Answer- Available Without Login
Where can you select "Web Site Hosting Files Always Available"? - Answer- General
Preferences
, When the (blank) box is checked, your settings for the Available without Login check
box are ignored on individual file records. - Answer- Web Site Hosting Files Always
Available
Files you want to publish on a company intranet or an ecommerce website must be set
as (blank) to be displayed correctly on your website. - Answer- Available without Login
The (blank) setting makes web site assets accessible on your shopping domain. In this
way, visitors to your ecommerce site can view images and web site content using their
web browsers. The (blank) setting appears as a check box on all file records in the file
cabinet. - Answer- Available Without Login
After you enable Advanced Inventory Management, the following are enabled by
default: - Answer- Bar Coding and Item Labels
Lot Tracking
Matrix Items
Pick, Pack, and Ship
Serialized Inventory
Multiple Units of Measure
This feature gives your shipping and accounting departments separate processes for
fulfilling and billing orders. - Answer- Advanced Shipping
Use this feature to receive orders separately from bills. You can receive items and
expenses before receiving a bill. - Answer- Advanced Receiving
Can you create a child-grandchild relationship with custom sub-tabs? - Answer- No
What are the available tab options when creating a new subtab? - Answer- Transaction
Entity
Item
CRM
How can you organize report data by fiscal period instead of by date range? - Answer-
Set Report by Period Preference (Set Preferences -> Analytics -> Reporting Section).
Accounting periods for the entire fiscal year need to be set up in order for the reports to
display results.
What are the Report by Period options under Set Preferences? - Answer- All Reports
Financials Only
Never
This SuiteApp enables you to see and manage the performance of your NetSuite
customizations and business critical operations. - Answer- Application Performance
Management (APM)
Questions with 100% Correct
Answers
What can you apply a credit memo against? - Answer- Credit Transaction, Customer
Payment, Open Invoice
When you apply a credit memo against an (blank) or (blank), the amount of the credit is
deducted from the total amount due. - Answer- open invoice, cash sale
The (blank) preference is automatically enabled when you enable the Multi-Location
Inventory feature. - Answer- Allow Per-line Locations
Where do you select Per-line classifications (departments, classes, locations)? -
Answer- Accounting Preferences
Can you set classifications on transactions for both header and per-line? - Answer- Yes
Can you select per-line classifications only? - Answer- Yes
Can transactions in OneWorld have multiple subsidiaries? - Answer- No. Each
transaction in NetSuite OneWorld, except advanced intercompany journal entries, is tied
to one subsidiary.
How is a transaction's subsidiary determined when an entity is included? - Answer- The
transaction is assigned to the same subsidiary as the entity.
What happens when a transaction has line-level associations to more than one
subsidiary? - Answer- The general ledger posts only to the subsidiary identified in the
transaction header.
These consist of multiple combinations of product styles and variations along with their
respective bill of materials and routings. - Answer- Matrix Items
What feature satisfies this use case: Wolfe Electronics sells blank compact disks for
recording. These compact disks come in different storage capacities and colors. With
,this feature, Wolfe can track each combination of color and storage separately without
having to create an item record for each combination. - Answer- Matrix Items
With proper permissions, can you schedule a mass update to run on a recurring basis?
- Answer- Yes
When a mass update is in process, can you stop or cancel it? - Answer- No
Can you mass update role permissions? - Answer- Yes, for custom roles besides
Customer Center, Employee Center, Partner Center and Vendor Center roles.
If a mass update is not available for your needs, try using the (blank) to update data
through a CSV file import. - Answer- Import Assistant
Are all fields in the supported record types available for mass update? - Answer- No
To be available for mass update, what criteria must the field meet? - Answer- Support
inline editing
displayed on your preferred form
if standard field, must be outside of subtab lists and no dependencies
if custom field, must be stored and must not have a sourcing relationship
Where do you select "Expense Allocation"? - Answer- Enable Features
Where do you select Revenue Recognition and VSOE? - Answer- Enable Features
Where can you select "Allow users to modify revenue recognition schedule"? - Answer-
Accounting Preferences
Where can you select "Amortization"? - Answer- Enable Features
Where can you "Allow users to modify amortization schedule"? - Answer- Accounting
Preferences
Can you restrict files on an individual basis? - Answer- No. Access is restricted at the
folder level.
If you use the file cabinet for hosting website files, it is important that all of those files
have the (blank) check box checked. - Answer- Available Without Login
Where can you select "Web Site Hosting Files Always Available"? - Answer- General
Preferences
, When the (blank) box is checked, your settings for the Available without Login check
box are ignored on individual file records. - Answer- Web Site Hosting Files Always
Available
Files you want to publish on a company intranet or an ecommerce website must be set
as (blank) to be displayed correctly on your website. - Answer- Available without Login
The (blank) setting makes web site assets accessible on your shopping domain. In this
way, visitors to your ecommerce site can view images and web site content using their
web browsers. The (blank) setting appears as a check box on all file records in the file
cabinet. - Answer- Available Without Login
After you enable Advanced Inventory Management, the following are enabled by
default: - Answer- Bar Coding and Item Labels
Lot Tracking
Matrix Items
Pick, Pack, and Ship
Serialized Inventory
Multiple Units of Measure
This feature gives your shipping and accounting departments separate processes for
fulfilling and billing orders. - Answer- Advanced Shipping
Use this feature to receive orders separately from bills. You can receive items and
expenses before receiving a bill. - Answer- Advanced Receiving
Can you create a child-grandchild relationship with custom sub-tabs? - Answer- No
What are the available tab options when creating a new subtab? - Answer- Transaction
Entity
Item
CRM
How can you organize report data by fiscal period instead of by date range? - Answer-
Set Report by Period Preference (Set Preferences -> Analytics -> Reporting Section).
Accounting periods for the entire fiscal year need to be set up in order for the reports to
display results.
What are the Report by Period options under Set Preferences? - Answer- All Reports
Financials Only
Never
This SuiteApp enables you to see and manage the performance of your NetSuite
customizations and business critical operations. - Answer- Application Performance
Management (APM)
