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Reference: https://education.oracle.com/oracle-netsuite-financial-user/pexam_N16599GC10
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Oracle NetSuite Financial User Sample Questions:
What is the simplest way to post interest accrued while using the Reconcile Bank Statement page?
- A. Post a Write Check transaction
- B. Post a Journal Entry
- C. Use the New Charges subtab
- D. Use the New Deposits subtab
Correct Answer: D 🗳️
What are two considerations for managing multiple fiscal calendars? Choose two
- A. A fiscal calendar can be used by multiple subsidiaries
- B. A subsidiary can have multiple fiscal calendars without multi-Book
- C. Periods are shared across fiscal calendars.
- D. Periods are created separately for each fiscal calendar
Correct Answer: A,C 🗳️
Which are 2 elements unto to setting up financial sections in NetSuite financial report? (Choose 2)
- A. formula rows calculate from the row immediately above
- B. Each section can be customized to have multiple account types
- C. Each financial section has its own header and summary row
- D. custom sections are restricted to one account type
Correct Answer: B,C 🗳️
Which two statements are true about Invoices in NetSuite? (Choose two)
- A. Multiple Sales Orders can generate one Invoice.
- B. Invoices can be created without reference to a Sales Order.
- C. Invoices can be assigned to Sales Orders after the Invoice has been created.
- D. The Electronic Invoicing SuiteApp allows sending of individual invoices or batches.
Correct Answer: B,D 🗳️
Which two statements are true about budgets in NetSuite? (Choose two.)
- A. Global budget amounts may fluctuate when viewed in root parent currency.
- B. Budgets set to "Enforce" prevent overspending.
- C. Local budget amounts may fluctuate when consolidated to parent subsidiary view.
- D. Budgets can use statistical accounts
Correct Answer: C,D 🗳️
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