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Free NetSuite-Financial-User Exam Braindumps

What is the significance of the Account Type for any given account?

  1. It affects the subsidiary assignment.
  2. It determines the exchange rate on posted transactions.
  3. It determines the default section in financial statements
  4. It controls access by users

Answer(s): C



What is the order of steps for the NetSuite standard accounts receivable process?

  1. Approve Sales Order > Fulfill Sales Order > Bill Sales Order
  2. Approve Sales Order > Bill Sales Order > Fulfill Sales Order
  3. Fulfill Sales Order > Approve Sales Order > Bill Sales Order
  4. Bill Sales Order > Approve Sales Order > Fulfill Sales Order

Answer(s): A



What does the setting "Accept Payment at Top Level Customer" allow for?

  1. Sub customers cannot pay their own bills
  2. Customers may pay the bills of Sub customers
  3. Sub customers may pay the bills of their parent
  4. Allows Refunds and Credits at parent level.

Answer(s): B



What is true about multi-currency Customers?

  1. Customers may use an unlimited number of currencies.
  2. Customers can choose to pay an invoice in any currency.
  3. Sub customers must transact in the currency of the Parent Customer.
  4. Customers are limited to the currency of the subsidiary they are linked to.

Answer(s): A






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