NetSuite Financial User Study Guide questions with correct answers

Total number of subsidiaries in OneWorld - Correct Answer-124 subsidiaries in addition to the root for 125 total Elimination Subsidiary - Correct Answer--Sales between subsidiaries, Inventory transfers between subsidiaries, Loans between subsidiaries -Doesn't count towards subsidiary count -Cannot be a parent subsidiary -Only for journal entries, not for other transactions What should you do before creating subsidiaries? - Correct Answer--Plan organization structure -Build in Sandbox account then in Production account (subsidiaries can't be deleted, and when inactive, it will still show in reports and report filters) The following values cannot be changed after creating a subsidiary - Correct Answer-Sub-Subsidiary of, Elimination, Currency, Edition, Country Classifications used to track records such as financials, transactions, and employees - Correct Answer-Departments and classes Primary classification in OneWorld - Correct Answer--Subsidiaries -When using other classifications (departments, classes, locations), you must associate them with a subsidiary