SuiteFoundations Exam Prep (Subject
Areas Covered By The SuiteFoundations
Certification Test)
SuiteBuilder is a point and click tool for customization Correct Ans -
True
Use a _________ ________ to control how information is entered and viewed
Correct Ans - Custom Forms
A custom record may be a better option than adding too many custom fields to
an existing record Correct Ans - True?
Preparation for the Data Import is crucial to a successful import Correct
Ans - True?
How can I create a CSV template to use for an import template? Correct
Ans - Export a List view
All records may be imported via the import assistant Correct Ans -
False
What sort of criteria can you set by going to Setup > Company > Duplicate
Detection? Correct Ans - Fields to match on, uses a saved search
functionality. Which include email, name, etc. Not all fields are allowed.
Custom fields are allowed on Customer, also address, first name, last name,
phone
Whether a company or an individual, NetSuite should look at the email
address in the exact same way Correct Ans - False. Duplicate detection
uses the domain name for company evaluation and uses the full email address
for contact, individuals.
How would you simultaneously edit/change multiple records at once?
Correct Ans - Mass Update
, Which features allow editing records directly from a list? Correct Ans -
Inline Editing
Account Numbers are Mandatory in the Chart of Accounts Correct Ans -
False Turn on this feature at Setup>>Accounting>>Accounting
Preferences>>General
You cannot setup past and future accounting periods Correct Ans -
False
You cannot do Cash Basis reporting Correct Ans - False.
Setup>>Accounting>>AccountingPreferences>>General Ledger or on each
report edit and go to More Options
Subsidiary Correct Ans - Create for each legal entity
Opening Balance Correct Ans - Balance for each general ledger account
Classifications Correct Ans - Facilitates financial segmenting using
departments, classes, and locations
Accounting Periods Correct Ans - Ability to have transactions posted
to a period, rather than just a date
Tax agencies are whom we pay collected taxes Correct Ans - True (as
vendors)
Tax control accounts can be set up manually Correct Ans - True, but
only through the Tax Control Account Setup
A tax nexus defines the tax jurisdiction, where business is transacted
Correct Ans - True
A subsidiary can only have one tax nexus Correct Ans - False. Nexus
Sublist is available to add multiple
Tax schedules are a functionality of Advanced Taxes and determine the tax
treatment of items purchased and sold Correct Ans - True
Areas Covered By The SuiteFoundations
Certification Test)
SuiteBuilder is a point and click tool for customization Correct Ans -
True
Use a _________ ________ to control how information is entered and viewed
Correct Ans - Custom Forms
A custom record may be a better option than adding too many custom fields to
an existing record Correct Ans - True?
Preparation for the Data Import is crucial to a successful import Correct
Ans - True?
How can I create a CSV template to use for an import template? Correct
Ans - Export a List view
All records may be imported via the import assistant Correct Ans -
False
What sort of criteria can you set by going to Setup > Company > Duplicate
Detection? Correct Ans - Fields to match on, uses a saved search
functionality. Which include email, name, etc. Not all fields are allowed.
Custom fields are allowed on Customer, also address, first name, last name,
phone
Whether a company or an individual, NetSuite should look at the email
address in the exact same way Correct Ans - False. Duplicate detection
uses the domain name for company evaluation and uses the full email address
for contact, individuals.
How would you simultaneously edit/change multiple records at once?
Correct Ans - Mass Update
, Which features allow editing records directly from a list? Correct Ans -
Inline Editing
Account Numbers are Mandatory in the Chart of Accounts Correct Ans -
False Turn on this feature at Setup>>Accounting>>Accounting
Preferences>>General
You cannot setup past and future accounting periods Correct Ans -
False
You cannot do Cash Basis reporting Correct Ans - False.
Setup>>Accounting>>AccountingPreferences>>General Ledger or on each
report edit and go to More Options
Subsidiary Correct Ans - Create for each legal entity
Opening Balance Correct Ans - Balance for each general ledger account
Classifications Correct Ans - Facilitates financial segmenting using
departments, classes, and locations
Accounting Periods Correct Ans - Ability to have transactions posted
to a period, rather than just a date
Tax agencies are whom we pay collected taxes Correct Ans - True (as
vendors)
Tax control accounts can be set up manually Correct Ans - True, but
only through the Tax Control Account Setup
A tax nexus defines the tax jurisdiction, where business is transacted
Correct Ans - True
A subsidiary can only have one tax nexus Correct Ans - False. Nexus
Sublist is available to add multiple
Tax schedules are a functionality of Advanced Taxes and determine the tax
treatment of items purchased and sold Correct Ans - True
