Free Oracle N16599GC10 Exam Questions

Become Oracle Certified with updated N16599GC10 exam questions and correct answers

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Total 100 Questions | Updated On: Apr 28, 2026

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Question 1

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 2

Which two statement are true about setting up the intercompany expense allocation (choose 2)

A : the source may be multiple subsidiary

B : The target may be multiple subsidiaries

C : The source must be one subsidiary

D : the target can only be one subsidiary

Answer: A,B

Question 3

What account is used when you want to accumulate all customer payments to make a consolidated deposit at the end of a given day? Undeposited accounts Which statement is true about Customer Deposits?

A : Customer Deposits are recorded as a liability.

B : Customer Deposits post to Accounts Receivable.

C : Customer Deposits must be created from a Sales Order.

D : Customer Deposits can be linked to an unapproved Sales Order.

Answer: A

Question 4

How does NetSuite set up a company record when you buy from and sell to the same company?

A : NetSuite uses a single Company record to track this combined relationship.

B : NetSuite uses unrelated Customer and Vendor records to track these

C : Either the Vendor or the Customer can be set as "Parent of" the other record to link them

D : NetSuite tracks this using the "Other Relationships" function to link the Customer and Vendor records

Answer: A

Question 5

Which statement is true about recording customer payments?

A : Accept Customer Payment offsets Accounts Receivable posting

B : Customer payments must match paid invoices 1:1

C : Electronic payments SuiteApp is required to record customer payments by credit card

D : Undeposited Funds is not necessary if all your customers pay by credit card.

Answer: B

Page: 1 / 20

Total 100 Questions | Updated On: Apr 28, 2026

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