Oracle N16599GC10 : Oracle NetSuite Financial User

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Oracle N16599GC10 Exam Syllabus Topics:

Reference: https://education.oracle.com/oracle-netsuite-financial-user/pexam_N16599GC10

Oracle NetSuite Financial User Sample Questions:

Question #1
Which expense allocation use case requires the use of statistical accounts

A. Even 50/50 split of receptionist salary based on department
B. Predefined split of marketing costs among sales channels
C. Static division of rent based on location
D. Division of recruiting based on headcount

Question #2
Which is recommended for setting up new accounting periods?

A. set up new year and new quarter at the beginning of the fiscal year
B. create accounting period one at a time to avoid multiple open periods
C. use one-day year end adjustment period for year-end closing journal entries to retained earnings
D. Use set-up full year to generate all periods at once for full year

Question #3
Bank accounts interact with subsidiaries?

A. can be linked with any number of subsidiaries in parent: child relationship
B. can be linked up to 2 subsidiaries
C. Must be linked with 1 subsidiary
D. can be linked with no limit to multiple subsidiary

Question #4
Which row type in a Financial Report allows display of the same unmodified data from another row?

A. Formula Row
B. Reference Row
C. Echo Row
D. Text Row

Question #5
Which statement is true about billing a purchase order in NetSuite?

A. Standalone bills containing inventory line items have no inventory account impact
B. All bills must be created from a PO
C. Vendor bills post to the general ledger, whether approved or not
D. Only approved vendor bills post to the general ledger

Solutions: