Free NetSuite-Financial-User Exam Braindumps (page: 8)

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Which are 2 elements unto to setting up financial sections in NetSuite financial report? (Choose 2)

  1. custom sections are restricted to one account type
  2. formula rows calculate from the row immediately above
  3. Each financial section has its own header and summary row
  4. Each section can be customized to have multiple account types

Answer(s): C,D



What is the purpose of an elimination subsidiary?

  1. Entering non-posting transactions
  2. Posting non-auditable transactions
  3. Offsetting expenses between departments
  4. Offsetting intercompany transactions

Answer(s): D



Which three steps are required to prevent someone from accessing some accounts but not others?

  1. Assign a Currency to the account
  2. Use the NetSuite default standard role
  3. Customize the role to restrict access by segment
  4. Designate Department | Class | Location on the account
  5. Tag the Employee record to Department | Class | Location

Answer(s): C,D,E



How does enabling accounting features affect the chart of accounts?

  1. Accounts must be renumbered.
  2. Statistical accounts should be used for correct posting.
  3. The Administrator may need to create new accounts to use new features.
  4. New accounts are automatically added to the chart of accounts when needed

Answer(s): D






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