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NetSuite Financial User Certification Sample Questions:
1. To which account should the customer payments be posted, to consolidate all customer payments recorded through the day into one bank deposit at the end of the day?
A) undeposited funds
B) customer deposits
C) accounts receivable
D) Bank account
2. 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) Only approved vendor bills post to the general ledger
D) Vendor bills post to the general ledger, whether approved or not
3. Which row type in a Financial Report allows display of the same unmodified data from another row?
A) Formula Row
B) Reference Row
C) Text Row
D) Echo Row
4. What is an example of a subsidiary?
A) A warehouse
B) The direct sales division
C) A clearing account
D) A wholly owned company
5. Which statement is true about budgets in NetSuite?
A) budgets must be entered manually
B) budgets hold setting for expenses will prevent overspending
C) Multiple budgets can be created for the same year and criteria
D) budgets can only be created for income and expense accounts
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: C |
By Michaelia
