NetSuite-Financial-User Exam Questions - Real Practice Questions for Guaranteed Success

Question 1

Which transaction, that records the expense and the cash spent in one step, can be used to record ad-hoc purchases such as petty cash

APurchase Order

BPay single vendor

CWrite check

DTransfer funds

Correct : C

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APurchase Order

BPay single vendor

CWrite check

DTransfer funds

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Question 2

How must a Bank Account be denominated when using the multi-currency feature?

AIt may be denominated in any one currency.

BIt may be denominated in multiple currencies.

CIt must be denominated in the Base Currency of the subsidiary.

DIt must be denominated in the Base Currency of the Root Subsidiary

Correct : A

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AIt may be denominated in any one currency.

BIt may be denominated in multiple currencies.

CIt must be denominated in the Base Currency of the subsidiary.

DIt must be denominated in the Base Currency of the Root Subsidiary

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Question 3

What is the simplest way to post interest accrued while using the Reconcile Bank Statement page?

APost a Journal Entry

BUse the New Charges subtab

CUse the New Deposits subtab

DPost a Write Check transaction

Correct : C

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APost a Journal Entry

BUse the New Charges subtab

CUse the New Deposits subtab

DPost a Write Check transaction

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Question 4

What is the simplest way to post incurred bank fees while using the Reconcile Bank Statement page?

APost a Journal Entry

BUse the New Charges subtab

CUse the New Deposits subtab

DPost a Write Check transaction

Correct : B

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APost a Journal Entry

BUse the New Charges subtab

CUse the New Deposits subtab

DPost a Write Check transaction

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Question 5

Which statement is true about the Memorized Transactions feature?

AThe Remind Me setting allows manual review of the transaction before it is posted.

BThe Update Prices checkbox allows manual review of the transaction before it is posted.

CThe Number Remaining refers to the quantity of Item ordered remaining to be billed or shipped.

DThe Remind Forever setting sends notice to the Customer that a new Invoice has been created.

Correct : A

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AThe Remind Me setting allows manual review of the transaction before it is posted.

BThe Update Prices checkbox allows manual review of the transaction before it is posted.

CThe Number Remaining refers to the quantity of Item ordered remaining to be billed or shipped.

DThe Remind Forever setting sends notice to the Customer that a new Invoice has been created.

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Master NetSuite-Financial-User Exam with Reliable Practice Questions

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