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NetSuite Financial User Certification Sample Questions:

1. Which two options are possible to set in NetSuite? (Choose Two)

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

2. Which two boxes must be used to reverse the journal entry next month (choose 2)

A) Defer entry
B) memo
C) do not post until
D) Reversal date
E) pending approval

3. Which statement is true about NS budgets?

A) Budgets must be answered manually
B) Multiple budgets can be created for same year and criteria
C) Budgets can only be created for income and expense accounts
D) Budget Hold setting for expense accounts will prevent overspending

4. When entering a journal, which two boxes must be used to reverse the journal entry next month, so that the reversal is not created until then? (Choose Two)

A) Memo
B) Defer Entry
C) Pending Approval
D) Do Not Post Until
E) Reversal Date

5. On which financial statements are invoices summarized?

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

Solutions: