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Free NetSuite-Financial-User Exam Braindumps (page: 5)

Page 4 of 22
PDF with 86 Questions

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?

  1. customer deposits
  2. Bank account
  3. undeposited funds
  4. accounts receivable

Answer(s): C



Bank accounts interact with subsidiaries?

  1. can be linked with no limit to multiple subsidiary
  2. can be linked with any number of subsidiaries in parent: child relationship
  3. can be linked up to 2 subsidiaries
  4. Must be linked with 1 subsidiary

Answer(s): D



The simplest way to post bank service fees ... reconcile bank statement pages?

  1. post a write check transaction
  2. enter on the new deposit subtab
  3. Enter on the new charge's subtab
  4. post journal entry

Answer(s): B



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

  1. Defer entry
  2. memo
  3. pending approval
  4. Reversal date
  5. do not post until

Answer(s): A,D






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