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NetSuite Financial User Certification Sample Questions:

1. Which two statements are true about intercompany expense allocations? (Choose two.)

A) The source can be multiple subsidiary
B) The source must be one subsidiary
C) The target must be one subsidiary
D) The target can be multiple subsidiary

2. Which statement is true about re-opening closed periods?

A) If only one period is re-opened, no other periods are affected
B) A justification must be entered to re-open a closed period
C) The period close checklist is only required the first time you close a period
D) Only administrator can re-open closed periods

3. Which setting requires separate review of sales orders?

A) Pending Billing status
B) Pending fulfillment status
C) Credit Limit
D) Pending approval status

4. Which statement is true about Accept Customer Payment?

A) A single customer payment can be applied to multiple invoices.
B) Customer Payments post to Undeposited Funds when payment is questionable.
C) Customer Payments and Cash Sales have the same GL Impact.
D) Customer Payment and Customer Deposit are different terms for the same transaction.

5. which 2 record types can be applied to customer payment (choose 2)

A) credit memo
B) refund
C) cash sales
D) customer deposit

Solutions: