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: Nov 10, 2025

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Question 1

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 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

Which two statements are true about vendors and multicurrency (choose 2)

A : vendors can have up to 5 currencies

B : the currency on the purchase order can be changed at the point when purchase order is billed

C : the primary currency is used for the credit limit

D : to remove a currency from a vendor, you must first close any open transactions in that currency

E : currencies must be added to the Vendor before being used on transaction

Answer: C,E

Question 4

Which report shows the total value of current assets?

A : Balance Sheet

B : General Ledger

C : Profit and Loss / Income Statement

D : Cash Flow Statement

Answer: A

Question 5

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

Page: 1 / 20

Total 100 Questions | Updated On: Nov 10, 2025

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