Free NetSuite Financial-User Exam Questions

Become NetSuite Certified with updated Financial-User exam questions and correct answers

Page: 1 / 20

Total 100 Questions | Updated On: Oct 31, 2023

Add To Cart

Question 1

Which two statements are true about budgets in NetSuite? (Choose two.)

A : Budgets can use statistical accounts

B : Budgets set to "Enforce" prevent overspending.

C : Global budget amounts may fluctuate when viewed in root parent currency.

D : Local budget amounts may fluctuate when consolidated to parent subsidiary view.

Answer: A,D

Question 2

Which two options should be selected to create a memorized transaction for the electric bill, which varies in amount each month but will continue until canceled?

A : Action: Reminder

B : Override Transaction Date

C : Action: Automatic

D : Indefinite

E : Number Remaining

Answer: A,D

Question 3

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

A : Item Return

B : Item Fulfillment

C : Standalone invoices

D : Invoices created from Sales Orders

Answer: B,C

Question 4

Which transaction, that records the expense and the cash spent in one step, can be used to record ad-hoc purchases such as petty cash

A : Purchase Order

B : Pay single vendor

C : Write check

D : Transfer funds

Answer: C

Question 5

Which statement is true about expense allocations?

A : Allocation schedules can only be set to a frequency of once per month

B : Allocation JEs must zero out the source expense account

C : Allocation schedules can be assigned to any expense account

D : Allocation schedules are assigned to specific purchase transactions

Answer: C

Page: 1 / 20

Total 100 Questions | Updated On: Oct 31, 2023

Add To Cart