Oracle N16599GC10 Q&A - in .pdf

  • N16599GC10 pdf
  • Exam Code: N16599GC10
  • Exam Name: Oracle NetSuite Financial User
  • Updated: Oct 18, 2026
  • Q & A: 87 Questions and Answers
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  • Exam Code: N16599GC10
  • Exam Name: Oracle NetSuite Financial User
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  • Updated: Oct 18, 2026
  • Q & A: 87 Questions and Answers
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Oracle N16599GC10 Q&A - Testing Engine

  • N16599GC10 Testing Engine
  • Exam Code: N16599GC10
  • Exam Name: Oracle NetSuite Financial User
  • Updated: Oct 18, 2026
  • Q & A: 87 Questions and Answers
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Oracle N16599GC10 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Billing Schedules: This section of the exam measures skills of Billing Analysts and covers the configuration and use of billing schedules in NetSuite. It focuses on creating, managing, and applying billing schedules accurately to automate recurring invoicing and streamline the billing process.
Topic 2
  • Journal Entries: This section of the exam measures the skills of General Ledger Accountants and covers the creation and management of journal entries. It includes differentiating between elimination and intercompany journal entries and understanding their setup and use within NetSuite financial structure.
Topic 3
  • Financial Reports and KPIs: This section of the exam measures the skills of Financial Reporting Analysts and covers building and interpreting financial reports using NetSuite Financial Report Builder Interface. It focuses on understanding how transactions impact reports and how to track financial performance through key performance indicators (KPIs).
Topic 4
  • Expense Allocations: This section of the exam measures the skills of Cost Accountants and covers setting up and managing expense allocations in NetSuite. It includes distinguishing between fixed and dynamic allocation modes and applying them effectively to distribute costs across departments or subsidiaries.
Topic 5
  • Banking and Payment Processing: This section of the exam measures skills of Treasury Analysts and covers managing default banking transactions in NetSuite. It involves setting up cash and bank accounts, processing payments, and reconciling monthly bank and credit card statements. The focus is on maintaining accuracy and compliance in financial reconciliation.
Topic 6
  • Accounts Receivable: This section of the exam measures skills of Accounts Receivable Specialists and covers the end-to-end NetSuite accounts receivable process flow. It evaluates knowledge of customer record setup, invoice creation, customer payments, and deposits. The section also tests understanding of the general ledger impact of receivable transactions and best practices in managing customer-related financial operations.
Topic 7
  • Subsidiaries, Classifications, Chart of Accounts: This section of the exam measures skills of Financial Systems officers and covers understanding subsidiaries, their types, and their role in financial management within NetSuite. It includes knowledge of classifications such as departments, classes, and locations, and how they affect transactions and reporting. Candidates are also assessed on managing the chart of accounts, setting account types, and applying access restrictions appropriately.
Topic 8
  • Period and Year-End Close: This section of the exam measures the skills of Accounting Managers and covers best practices for closing accounting and tax periods in NetSuite. It includes managing multiple subsidiaries, handling separate fiscal calendars, and ensuring accurate and compliant financial closure processes.
Topic 9
  • Accounts Payable: This section of the exam measures skills of Accounts Payable Specialists and covers the NetSuite accounts payable process. It includes setting up vendor records, creating purchase orders, processing bills, and executing vendor payments. Candidates are evaluated on their ability to manage payables efficiently within standard NetSuite workflows.

Reference: https://education.oracle.com/oracle-netsuite-financial-user/pexam_N16599GC10

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Oracle NetSuite Financial User Sample Questions:

Question #1

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
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

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.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

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
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Question #4

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
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Question #5

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
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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