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Reference: https://education.oracle.com/oracle-netsuite-financial-user/pexam_N16599GC10
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Oracle NetSuite Financial User Sample Questions:
What is the simplest way to post interest accrued while using the Reconcile Bank Statement page?
- A. Use the New Deposits subtab
- B. Post a Write Check transaction
- C. Post a Journal Entry
- D. Use the New Charges subtab
Correct Answer: A 🗳️
How are fiscal calendars used by subsidiaries?
- A. Each period must be locked in each subsidiary separately.
- B. Each period may be closed separately in each subsidiary.
- C. Parent-Child subsidiaries must use the same fiscal calendar
- D. Each subsidiary may use its own fiscal calendar.
Correct Answer: D 🗳️
Which are 2 elements unto to setting up financial sections in NetSuite financial report? (Choose 2)
- A. Each financial section has its own header and summary row
- B. formula rows calculate from the row immediately above
- C. Each section can be customized to have multiple account types
- D. custom sections are restricted to one account type
Correct Answer: A,C 🗳️
In which two places can Invoices be created based upon Billing Schedules? (Choose two)
- A. The billing queue under Bill Orders
- B. Individually from the Sales Order
- C. Individually from the Project record
- D. In bulk from the Approve Time screen
Correct Answer: A,B 🗳️
Where can invoices that have already been generated be seen from the sales order screen?
- A. Next to each line item
- B. Click the bill remaining button
- C. Under related records
- D. Under the billing tab, on the billing schedule
Correct Answer: C 🗳️
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