Home
- Salesforce
- Nutanix
- Amazon
- Microsoft
- Cisco
- SAP
- Google
- MuleSoft
- IAPP
- PeopleCert
- Fortinet
- CompTIA
- See All Vendors
Contact Us
Register / Login

Home
NetSuite
NetSuite Certifications
NetSuite-Financial-User Free Questions
NetSuite NetSuite-Financial-User Quiz:1 Topic:3 Questions:1-5

Home
NetSuite
NetSuite Certifications
NetSuite-Financial-User Free Questions
NetSuite NetSuite-Financial-User Quiz:1 Topic:3 Questions:1-5

NetSuite NetSuite-Financial-User Quiz:1 Topic:3 Questions:1-5

Free Practice Mock Questions Set 1-5 (Quiz # 1) for NetSuite-Financial-User Exam, according to official NetSuite Financial User Certification exam syllabus topic # 3

Question: 1

Which report shows the total value of current assets?

ABalance Sheet

BGeneral Ledger

CProfit and Loss / Income Statement

DCash Flow Statement

Answer : A

Show Answer

Hide Answer

Question: 2

Which is recommended for setting up new accounting periods?

Ause one-day year end adjustment period for year-end closing journal entries to retained earnings

Bcreate accounting period one at a time to avoid multiple open periods

CUse set-up full year to generate all periods at once for full year

Dset up new year and new quarter at the beginning of the fiscal year

Answer : C

Show Answer

Hide Answer

Question: 3

What is one characteristic of Elimination Journal Entries?

AThey are posted to only one subsidiary.

BThey are the same as Intercompany Journal Entries.

CThey are approved automatically when entered manually.

DThey are used to transfer profit from one subsidiary to another
Alternative Answers:

Answer : A

Show Answer

Hide Answer

Question: 4

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

ACustomers

BItems

CTransactions

DEmployees

Answer : B

Show Answer

Hide Answer

Question: 5

which two settings are needed for billable items to appear on the customer invoice (choose 2)

Abillable checkbox

Bcustomer

Cinvoice number

Dmemo

Answer : A, D

Show Answer

Hide Answer

Quiz 1

Please Enter Your Email

You can try More Free Quizzes or Save Time by using our Premium Questions

Check Premium Offer (Limited Time Offer)
Try Free Quizzes