SuiteFoundation Exam Prep Questions
With Complete Solutions.
What is the max time between password changes?
(days) - Answer 365 days
How many times can you click "Remind Me Later" before you are forced to enter your NS security
questions? - Answer 4 times
When are the two NS editions released? - Answer EOQ1 and EOQ3
Where can you find your NS edition? - Answer Bottom of NS homepage
What are the five things in the settings portlet? - Answer 1.) Links to Personalize Dashboard, 2.) Set
Preferences, 3.) Change Email/Password, 4.) 2FA(Two Factor Authentication), 5.) Security Questions
What are some notable things on Home- Set Preferences? - Answer 1>)Show list with only one result,
2.)Max DropDown Entries, 3.)Show Internal Ids, 4.)Time Zone
The maximum number of max drop-down entries that you can set is ______, and NS will default to
_____. - Answer 500, 200
What layout is the layout that is reccomended for mobile devices? - Answer Layout 2
What things does My Login Portlet show? (6) - Answer 1.) Shows Previous Log in, 2.) Previous Mobile
Log in, 3.) Successful Log in's today, 4.)Login Failures toady, 5.) Previous password changes, and 6.) your
password expiration date
Pathway for Rename Records? - Answer Setup - Company - Rename Records/Transactions
,What does Recent Records show in the Dropdown and what does it show if you double click on the icon?
- Answer Dropdown - 12 records , Double click - 100 records
2 Pathways to get NS account number? - Answer 1.) Support - SuiteAnswers - Contact Support by
Phone, 2.) View Page source(look at HTML)
For Setup - Company - Enable Features - General Preference subtab, The General Preference subtab will
set preferences _________ -_____. - Answer Company-wide
Enable Features is largely used for just turning ___ or ___ features, while Setup - Accounting -
Accounting Preferences, is really used to set up ____ for the features that we have enabled in Enable
Features page. - Answer On, Off, Rules
When you create a subsidiary record in NS, the ______ you define for its address determines the NS
edition and tax nexus associated with that subsidiary. - Answer Country
Elimination subsidiaries can be created for use in balancing consolidated financials. Elimination
subsidiaries include only _____ ____ and do ___ count toward fees or total # of allowed subs, which is
____ including parent/root. - Answer Journal Entries, not, 125
Each OW transaction posts to 1 sub unless it is ____, which posts to 2 subs. - Answer Intercompany
You can ____ change the base currency once a subsidiary is made. - Answer Not
Classes are usually associated with _____ _____. - Answer Revenue Streams
Are there a limit on the number of departments and classes that you can have? - Answer No. NS will
slow if you have too many though.
The country line of business determines the NS edition. In a single instance account, the edition
manages the ___ for the account, and in an OW account, the subsidiary may use different NS ____ than
the parent. - Answer Taxes, Editions
,____ _____ feature is automatically turned on for OW accounts. - Answer Advanced Taxes
Advanced Taxes manages and calculates taxes for different ____(tax juristictions) within the same NS
account. - Answer Nexuses
Utilize ____ ___ to define the tax treatment of items, in each nexus, meeting local business
requirements. ____ ____ are pretty much used to say if an item will be taxable or not. - Answer Tax
schedules, tax schedules
How many NS editions are there? - Answer 6
What are the 6 NS editions? - Answer 1.) U.S, 2.) Canada, 3.) UK, 4.) Japan, 5.) Australia, 6.)
International
The U.S NS edition utilizes ___-______ tax, has ___ ___ imports requried, does ____ have seperate tax
reporting periods, and does ___ have foreign trade settling. - Answer Pre-Coded, State Imports, Not,
Not
The Canada NS edition utilzes ____-____ tax, ____/______ reporting, does ____ have seperate tax
reporting periods, and does ___ have foreign trade settling. - Answer Pre-coded, GST/PST, not, not
The UK NS edition utilizes ____-____ tax, ______ reporting, and ____ tax reporting periods and ____
foreign trade setting. - Answer Pre-coded, VAT, Has, Has
The Japan NS edition utilizes ____-____ tax, ____ tax, ___ seperate tax reporting periods, and ___
foreign trade setting. - Answer Pre-coded, Consumption, has, has
The Australia NS edition utilizes ____-____ tax, ____ reporting, ____ seperate tax reporting periods, and
____ foreign trade settling. - Answer Pre-Coded, GST, has, has
The International NS edition does ____ utilize ____-____ tax, ____ seperate tax reporting periods, and
____ foreign trade settling. - Answer Not, Pre-Coded, Has, Has
, _____ ______ are used for tax reporting in all Non-US and Non-Canada editions. - Answer Tax Periods
Tax ____ defines tax juristiction. - Answer Nexus
____ _____ account define tax types, and contain GL postings of Sales VT. - Answer Tax Control
____ ____ are where paid/collected tax is tracked on the balance sheet an used to define tax codes. -
Answer Tax Types
___ ____ determine the amount of tax applied to each line or item level. - Answer Tax Code
___ ___ combine several tax codes that can be applied to each transaction. This would be like city taxes.
- Answer Tax Groups
____ ___ is who the taxing authority is. This would be like who you are paying taxes to, Federal
Government. ____ _______ are set on the ______ record. - Answer Tax Agency, Tax Agency, Vendor
Tax schedules determine tax calculations for an item in each nexus. Countries have the same rate across
country, ____ and ______ by state/provience so tax schedules are really useful to these NS editions. -
Answer U.S, Canada
What are the two types of periods that NS has? - Answer Accounting Periods, and Tax Periods
Accounting periods are used for _____ and _____ accounting purposes. - Answer Financial,
Management
A tax period defines a period of time over which your company tracks _____. - Answer Tax
There are tax reporting in _____ and _____ editions. - Answer U.S, Canada
With Complete Solutions.
What is the max time between password changes?
(days) - Answer 365 days
How many times can you click "Remind Me Later" before you are forced to enter your NS security
questions? - Answer 4 times
When are the two NS editions released? - Answer EOQ1 and EOQ3
Where can you find your NS edition? - Answer Bottom of NS homepage
What are the five things in the settings portlet? - Answer 1.) Links to Personalize Dashboard, 2.) Set
Preferences, 3.) Change Email/Password, 4.) 2FA(Two Factor Authentication), 5.) Security Questions
What are some notable things on Home- Set Preferences? - Answer 1>)Show list with only one result,
2.)Max DropDown Entries, 3.)Show Internal Ids, 4.)Time Zone
The maximum number of max drop-down entries that you can set is ______, and NS will default to
_____. - Answer 500, 200
What layout is the layout that is reccomended for mobile devices? - Answer Layout 2
What things does My Login Portlet show? (6) - Answer 1.) Shows Previous Log in, 2.) Previous Mobile
Log in, 3.) Successful Log in's today, 4.)Login Failures toady, 5.) Previous password changes, and 6.) your
password expiration date
Pathway for Rename Records? - Answer Setup - Company - Rename Records/Transactions
,What does Recent Records show in the Dropdown and what does it show if you double click on the icon?
- Answer Dropdown - 12 records , Double click - 100 records
2 Pathways to get NS account number? - Answer 1.) Support - SuiteAnswers - Contact Support by
Phone, 2.) View Page source(look at HTML)
For Setup - Company - Enable Features - General Preference subtab, The General Preference subtab will
set preferences _________ -_____. - Answer Company-wide
Enable Features is largely used for just turning ___ or ___ features, while Setup - Accounting -
Accounting Preferences, is really used to set up ____ for the features that we have enabled in Enable
Features page. - Answer On, Off, Rules
When you create a subsidiary record in NS, the ______ you define for its address determines the NS
edition and tax nexus associated with that subsidiary. - Answer Country
Elimination subsidiaries can be created for use in balancing consolidated financials. Elimination
subsidiaries include only _____ ____ and do ___ count toward fees or total # of allowed subs, which is
____ including parent/root. - Answer Journal Entries, not, 125
Each OW transaction posts to 1 sub unless it is ____, which posts to 2 subs. - Answer Intercompany
You can ____ change the base currency once a subsidiary is made. - Answer Not
Classes are usually associated with _____ _____. - Answer Revenue Streams
Are there a limit on the number of departments and classes that you can have? - Answer No. NS will
slow if you have too many though.
The country line of business determines the NS edition. In a single instance account, the edition
manages the ___ for the account, and in an OW account, the subsidiary may use different NS ____ than
the parent. - Answer Taxes, Editions
,____ _____ feature is automatically turned on for OW accounts. - Answer Advanced Taxes
Advanced Taxes manages and calculates taxes for different ____(tax juristictions) within the same NS
account. - Answer Nexuses
Utilize ____ ___ to define the tax treatment of items, in each nexus, meeting local business
requirements. ____ ____ are pretty much used to say if an item will be taxable or not. - Answer Tax
schedules, tax schedules
How many NS editions are there? - Answer 6
What are the 6 NS editions? - Answer 1.) U.S, 2.) Canada, 3.) UK, 4.) Japan, 5.) Australia, 6.)
International
The U.S NS edition utilizes ___-______ tax, has ___ ___ imports requried, does ____ have seperate tax
reporting periods, and does ___ have foreign trade settling. - Answer Pre-Coded, State Imports, Not,
Not
The Canada NS edition utilzes ____-____ tax, ____/______ reporting, does ____ have seperate tax
reporting periods, and does ___ have foreign trade settling. - Answer Pre-coded, GST/PST, not, not
The UK NS edition utilizes ____-____ tax, ______ reporting, and ____ tax reporting periods and ____
foreign trade setting. - Answer Pre-coded, VAT, Has, Has
The Japan NS edition utilizes ____-____ tax, ____ tax, ___ seperate tax reporting periods, and ___
foreign trade setting. - Answer Pre-coded, Consumption, has, has
The Australia NS edition utilizes ____-____ tax, ____ reporting, ____ seperate tax reporting periods, and
____ foreign trade settling. - Answer Pre-Coded, GST, has, has
The International NS edition does ____ utilize ____-____ tax, ____ seperate tax reporting periods, and
____ foreign trade settling. - Answer Not, Pre-Coded, Has, Has
, _____ ______ are used for tax reporting in all Non-US and Non-Canada editions. - Answer Tax Periods
Tax ____ defines tax juristiction. - Answer Nexus
____ _____ account define tax types, and contain GL postings of Sales VT. - Answer Tax Control
____ ____ are where paid/collected tax is tracked on the balance sheet an used to define tax codes. -
Answer Tax Types
___ ____ determine the amount of tax applied to each line or item level. - Answer Tax Code
___ ___ combine several tax codes that can be applied to each transaction. This would be like city taxes.
- Answer Tax Groups
____ ___ is who the taxing authority is. This would be like who you are paying taxes to, Federal
Government. ____ _______ are set on the ______ record. - Answer Tax Agency, Tax Agency, Vendor
Tax schedules determine tax calculations for an item in each nexus. Countries have the same rate across
country, ____ and ______ by state/provience so tax schedules are really useful to these NS editions. -
Answer U.S, Canada
What are the two types of periods that NS has? - Answer Accounting Periods, and Tax Periods
Accounting periods are used for _____ and _____ accounting purposes. - Answer Financial,
Management
A tax period defines a period of time over which your company tracks _____. - Answer Tax
There are tax reporting in _____ and _____ editions. - Answer U.S, Canada
