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TOP N16599GC10 Detailed Study Plan: Oracle NetSuite Financial User - Latest Oracle N16599GC10 Official Study Guide

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Oracle NetSuite Financial User Sample Questions (Q17-Q22):

NEW QUESTION # 17
What is the significance of the Account Type for any given account?

A. It controls access by users
B. It affects the subsidiary assignment.
C. It determines the default section in financial statements
D. It determines the exchange rate on posted transactions.

Answer: C

NEW QUESTION # 18
Which two options are possible to set in NetSuite? (Choose Two)

A. Allow Estimates/Quote for customers over their Credit Limit but show a warning to the person entering the order.
B. Prevent fulfillment of a Sales Order for Customers over their Credit Limit
C. Prevent Sales Orders being entered for Customers over their credit limit
D. Allow Sales orders for customers over their credit limit, but show a warning to the person entering the order

Answer: C,D

NEW QUESTION # 19
Which expense allocation use case requires the use of statistical accounts

A. Division of recruiting based on headcount
B. Even 50/50 split of receptionist salary based on department
C. Static division of rent based on location
D. Predefined split of marketing costs among sales channels

Answer: A

NEW QUESTION # 20
On which financial statements are invoices summarized?

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

Answer: C

NEW QUESTION # 21
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. accounts receivable
C. Bank account
D. customer deposits

Answer: A

NEW QUESTION # 22
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