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Free NetSuite-Financial-User Exam Braindumps (page: 9)

Page 8 of 22
PDF with 86 Questions

Which account type is non-posting?

  1. Statistical Account-*Statistical accounts are non-monetary accounts that can be used to maintain statistical information for a variety of metrics. For example, a statistical account could be established to maintain the employee headcount by the department in an organization.
  2. Deferred Expense
  3. Unbilled Receivable
  4. Other Current Liability

Answer(s): A



What is an example of a subsidiary?

  1. The direct sales division
  2. A clearing account
  3. A warehouse
  4. A wholly owned company

Answer(s): D



Which three record types can be tagged Department | Class | Location? (Choose Three)

  1. Customers
  2. Items
  3. Transactions

  4. Employees

Answer(s): B



Which three statements are true about using Parent Accounts in NetSuite? (Choose Three)

  1. Checking the Summary box allows the posting of reversing journal entries to this account.
  2. Child accounts are created by setting the "Subaccount of" field
  3. Checking the Summary box on the account record prevents anyone from posting activity to the account
  4. Parent accounts are created by setting the "Parent of" field
  5. Parent accounts can be posting or non-posting.
    Child accounts are created by setting the "Subaccount of" field

Answer(s): C,E






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