Online Access Free NetSuite-Financial-User Practice Test

On which financial statements are invoices summarized?

• A.Balance sheet
• B.income statement
• C.account payable aging
• D.general ledger

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

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

Which account type is non-posting?

• A.Unbilled Receivable
• B.Deferred Expense
• C.Other Current Liability
• D.Statistical Account-*Statistical accounts are non-monetary accounts that can be used to maintain statistical information for a variety of metrics. For example, a statistical account could be established to maintain the employee headcount by the department in an organization.

which two steps are recommended to track travel expenses by department (choose 2)

• A.use separate general ledger accounts for each internal department expenses
• B.share general ledger accounts between departments
• C.make department mandatory
• D.make department options

What are two differences between fixed and dynamic allocation schedules? (Choose two.)

• A.Dynamic allocation requires zeroing out the source account.
• B.Fixed allocation requires zeroing out the source account.
• C.Fixed allocation schedules must have predefined weighting that does not change
• D.Dynamic allocation schedules must use statistical accounts.