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: Dec 18, 2025

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Question 1

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

Question 2

What two transactions cause a Bill Variance Journal entry to be posted? (Choose two.)

A : Purchase Requisition

B : Item Receipt

C : Bill Payment

D : Vendor Bill

E : Purchase Order

Answer: B,D

Question 3

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 4

Which statement is true about the Period Close Checklist?

A : This is required for Year-End Close.

B : Tasks may be completed in any order.

C : Customer-specific steps can be added.

D : Tasks displayed depend upon features enabled.

Answer: D

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: Dec 18, 2025

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