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NetSuite ERP Consultant Exam 2023 /146 Questions And Answers
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NetSuite ERP Consultant Exam 2023 /146 QuestionsAnd Answers
Quiz :Which 3 requirements can be addressed using standard NS functionality
in Accounting Preferences? - √Answer :1. Automatically Email Drop Ship PO's,
2. Send Order Fulfilled Confirmation Emails, 3. Send Email Confirmation when
SO is cancelled.
Quiz :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.
What 2 configs are required? - √Answer :1. Enable the account pref: Make
Classes Mandatory, 2. Create a dummy value called "No Class"
Quiz :Which action is recommended for undesired accounts in preparing for
go-live - √Answer :Leave undesired accounts active in case transactions post to
them
Quiz :What is a benefit of viewing Chart of Accounts with Show Inactives
Marked - √Answer :Amounts posted to inactive default accounts are visible
Quiz :Which 3 valid characteristics affect seeting up and assigning NS default
segments (Dept/Class/Location) - √Answer :1. Locations are available for
tracking inventory, 2. Segmenets can be used to restrict data access, 3.
Departemnets can be defined in a hierarchy for reporting purposed
Quiz :Which segment combinations require SuiteScript? - √Answer :Limit Class
to specific Departments (no Script required: Limit account to specific Class or
subsid, and limit dept to subsid)
Quiz :Which two statements are true about the Multiple Calendars feature -
√Answer :Without this feature, the Tax Years are the same across all subsids,
AND With this feature, different fiscal calendar defs can be used on the same
subsid for accounting & tax periods
Quiz :What is the impact of enabling the "Void Transactions Using Reversing
Journals" setting - √Answer :It displays a VOID button on the transaction and
creates a Reversing JE
, Quiz :All multi-curr features are enabled in a One-World account. What does
the Base Currency column with a value of "Yes" mean - √Answer :The currency
is used on subsidiary records or the company information
Quiz :Which functionality is included when the Consolidated Payments feature
is enabled - √Answer :The A/R Aging report shows the un-consolidated balance
for each sub customer
Quiz :A company has customers with centralized purchasing departments that
buy products for multiple locations at the same time. The customers want the
products shipped to different locations from the same order. Which 2 features
need to be enabled? - √Answer :Multiple Shipping Routes & Enable Line Item
Shipping
Quiz :A company's corp policy requires re-approval for any changes made to
approved sales orders prior to fulfillment. A SO was entered, approved, then
changed but did not go back thru the approval process. Why? - √Answer :The
"Require re-approval"pref is not set
Quiz :A customer has multiple open SO's on file. A customer deposit is applied
to the wrong sales order. What process to unlink? - √Answer :Change the SO to
a cash sale
Quiz :What are 2 considerations for shipping integration - √Answer :Tracking
numbers assigned on the fulfillment flow back to the SO, and Both FedEx and
UPS support use of negotiated rates
Quiz :Which statement is true about enabling the Multi-Location Inventory
feature? - √Answer :The Enable Multi-Lccation Inventory feature can be
enabled anytime after enabling the Inventory Feature
Quiz :An employee reports eight hours of consulting services for 3 days to the
same customer. Which 2 invoicing prefs will produce an invoice within 24
hours of time at the billable rate? - √Answer :Group Time by Employee, and
Combine Time Items on Invoices
Quiz :A company sells yearly service contracts for $1,000 that require 10%
initial fee. These are sometimes discounted. They bill at the end of the month.
What's the settings - √Answer :Initial Amount set to 10%, In Arrears is Enabled,
Recurrence count is 12
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