NetSuite Financial User Certification - NetSuite-Financial-User Exam Practice Test

A. purchase orders have no accounting/GL impact

B. a purchase requisition is required before creating a purchase order

C. purchase in the currency the of the vendor's primary subsidiary

D. purchase order must be in the primary currency of the vendor

A. Entering non-posting transactions

B. Posting non-auditable transactions

C. Offsetting intercompany transactions

D. Offsetting expenses between departments

A. it requires that all items on the sales order used same billing schedule

B. it ensures that item will always have the billing default in correctly on the sales order

C. it requires that items on the same sales order have billing schedule of some kind

D. it forces all the lines on sales order to have billing schedule

A. refund

B. credit memo

C. cash sales

D. customer deposit

A. Even 50/50 split of receptionist salary based on department

B. Predefined split of marketing costs among sales channels

C. Static division of rent based on location

D. Division of recruiting based on headcount

A. Approving Journal Entries requires a separate permission from Creating Journal Entries

B. The posting period is based upon the journal entry creation date, rather than the approval date

C. Approve Journals permission allows you to see all journals in all subsidiaries

D. Journal Entries post to the general ledger while pending approval

A. Parent accounts are created by setting the "Parent of" field

B. Child accounts are created by setting the "Subaccount of" field

C. Checking the Summary box allows the posting of reversing journal entries to this account.

D. Checking the Summary box on the account record prevents anyone from posting activity to the account

E. Parent accounts can be posting or non-posting.Child accounts are created by setting the "Subaccount of" field

A. Name of Account

B. Date of Account Created

C. Account Balance

D. Department

A. Customer

B. Memo

C. Billable Checkbox

D. Invoice Number