Online Access Free NetSuite-Financial-User Practice Test

Which three record types can be tagged Department | Class | Location? (Choose Three)

• A.Employees
• B.Customers
• C.Transactions
• D.Items

What is the purpose of an elimination subsidiary?

• A.Offsetting intercompany transactions
• B.Offsetting expenses between departments
• C.Entering non-posting transactions
• D.Posting non-auditable transactions

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

Which statement is true about the Period Close Checklist?

• A.Customer-specific steps can be added.
• B.Tasks displayed depend upon features enabled.
• C.Tasks may be completed in any order.
• D.This is required for Year-End Close.

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

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