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Free NetSuite-Financial-User Exam Braindumps (page: 7)

Page 6 of 22
PDF with 86 Questions

Which statement is true about inter-company journal entries?

  1. Minimum of four lines
  2. used to log intercompany eliminations
  3. balance within each subsidiary, they need not balance between subsidiaries
  4. maximum of six lines

Answer(s): C



Which statement is true about budgets in NetSuite?

  1. budgets must be entered manually
  2. budgets can only be created for income and expense accounts
  3. budgets hold setting for expenses will prevent overspending
  4. Multiple budgets can be created for the same year and criteria

Answer(s): D



Which two statement are true about setting up the intercompany expense allocation (choose 2)

  1. the source may be multiple subsidiary
  2. The target may be multiple subsidiaries
  3. The source must be one subsidiary
  4. the target can only be one subsidiary

Answer(s): A,B



Which expense allocation use case requires the use of statistical accounts?

  1. static division of rent-based location

  2. predefined split of marketing costs among sales channels
  3. even 50/50 split of receptionist salary based on department
  4. Division of recruiting based upon headcount

Answer(s): D






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