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: Aug 26, 2025

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Question 1

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 2

How can the financial reports be kept separate when tracking finances for two wholly owned but distinct legal entities in one NetSuite account?

A : use separate fiscal calendars

B : use classes

C : use the multi-book accounting feature

D : use subsidiaries

Answer: D

Question 3

Which two statements are true about setting up intercompany expense allocations? (Choose two.)

A : The source may be multiple subsidiaries

B : The source must be one subsidiary

C : The target can only be one subsidiary.

D : The target may be multiple subsidiaries.

Answer: B,D

Question 4

What is a characteristic of importing journal entries?

A : The limit of lines for journal entry import is 1,000

B : The limit of lines for journal entry import is 10,000.

C : Journal entries can only be imported using web services.

D : Journal entries imported unbalanced must be fixed before approval.

Answer: B

Question 5

What are two differences between fixed and dynamic allocation schedules? (Choose two.)

A : Fixed allocation requires zeroing out the source account

B : Dynamic allocation requires zeroing out the source account.

C : Dynamic allocation schedules must use statistical accounts.

D : Fixed allocation schedules must have predefined weighting that does not change

Answer: C,D

Page: 1 / 20

Total 100 Questions | Updated On: Aug 26, 2025

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