SuiteFoundation Exam prep questions ||\\//|| ||\\//|| ||\\//|| ||\\//||
with verified solutions ||\\//|| ||\\//||
What is the max time between password changes?
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
(days) - correct answer✔✔365 days ||\\//|| ||\\//|| ||\\//|| ||\\//||
How many times can you click "Remind Me Later" before you are forced to enter your NS
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
security questions? - correct answer✔✔4 times ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
When are the two NS editions released? - correct answer✔✔EOQ1 and EOQ3
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Where can you find your NS edition? - correct answer✔✔Bottom of NS homepage
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What are the five things in the settings portlet? - correct 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? - correct 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 _____. - correct answer✔✔500, 200 ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What layout is the layout that is reccomended for mobile devices? - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Layout 2 ||\\//||
,What things does My Login Portlet show? (6) - correct 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? - correct 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? - correct answer✔✔Dropdown - 12 records , Double click - 100 records
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
2 Pathways to get NS account number? - correct 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 _________ -_____. - correct 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. - correct 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. - correct ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
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. - correct answer✔✔Journal Entries,
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
not, 125 ||\\//||
,Each OW transaction posts to 1 sub unless it is ____, which posts to 2 subs. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Intercompany
You can ____ change the base currency once a subsidiary is made. - correct answer✔✔Not
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Classes are usually associated with _____ _____. - correct answer✔✔Revenue Streams
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Are there a limit on the number of departments and classes that you can have? - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
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. - correct answer✔✔Taxes, Editions ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
____ _____ feature is automatically turned on for OW accounts. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Advanced Taxes ||\\//||
Advanced Taxes manages and calculates taxes for different ____(tax juristictions) within ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
the same NS account. - correct 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. - ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
correct answer✔✔Tax schedules, tax schedules ||\\//|| ||\\//|| ||\\//|| ||\\//||
How many NS editions are there? - correct answer✔✔6
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What are the 6 NS editions? - correct 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. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
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. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Pre-coded, GST/PST, not, not ||\\//|| ||\\//|| ||\\//||
The UK NS edition utilizes ____-____ tax, ______ reporting, and ____ tax reporting periods
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
and ____ foreign trade setting. - correct answer✔✔Pre-coded, VAT, Has, Has
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
The Japan NS edition utilizes ____-____ tax, ____ tax, ___ seperate tax reporting periods,
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
and ___ foreign trade setting. - correct answer✔✔Pre-coded, Consumption, has, has
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
The Australia NS edition utilizes ____-____ tax, ____ reporting, ____ seperate tax reporting
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
periods, and ____ foreign trade settling. - correct answer✔✔Pre-Coded, GST, has, has
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
The International NS edition does ____ utilize ____-____ tax, ____ seperate tax reporting
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
periods, and ____ foreign trade settling. - correct answer✔✔Not, Pre-Coded, Has, Has
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
_____ ______ are used for tax reporting in all Non-US and Non-Canada editions. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Tax Periods ||\\//||
Tax ____ defines tax juristiction. - correct answer✔✔Nexus
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
____ _____ account define tax types, and contain GL postings of Sales VT. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Tax Control ||\\//||
with verified solutions ||\\//|| ||\\//||
What is the max time between password changes?
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
(days) - correct answer✔✔365 days ||\\//|| ||\\//|| ||\\//|| ||\\//||
How many times can you click "Remind Me Later" before you are forced to enter your NS
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
security questions? - correct answer✔✔4 times ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
When are the two NS editions released? - correct answer✔✔EOQ1 and EOQ3
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Where can you find your NS edition? - correct answer✔✔Bottom of NS homepage
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What are the five things in the settings portlet? - correct 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? - correct 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 _____. - correct answer✔✔500, 200 ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What layout is the layout that is reccomended for mobile devices? - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Layout 2 ||\\//||
,What things does My Login Portlet show? (6) - correct 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? - correct 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? - correct answer✔✔Dropdown - 12 records , Double click - 100 records
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
2 Pathways to get NS account number? - correct 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 _________ -_____. - correct 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. - correct 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. - correct ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
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. - correct answer✔✔Journal Entries,
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
not, 125 ||\\//||
,Each OW transaction posts to 1 sub unless it is ____, which posts to 2 subs. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Intercompany
You can ____ change the base currency once a subsidiary is made. - correct answer✔✔Not
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Classes are usually associated with _____ _____. - correct answer✔✔Revenue Streams
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Are there a limit on the number of departments and classes that you can have? - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
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. - correct answer✔✔Taxes, Editions ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
____ _____ feature is automatically turned on for OW accounts. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Advanced Taxes ||\\//||
Advanced Taxes manages and calculates taxes for different ____(tax juristictions) within ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
the same NS account. - correct 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. - ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
correct answer✔✔Tax schedules, tax schedules ||\\//|| ||\\//|| ||\\//|| ||\\//||
How many NS editions are there? - correct answer✔✔6
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What are the 6 NS editions? - correct answer✔✔1.) U.S, 2.) Canada, 3.) UK, 4.) Japan, 5.)
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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. - correct
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answer✔✔Pre-Coded, State Imports, Not, Not ||\\//|| ||\\//|| ||\\//|| ||\\//||
The Canada NS edition utilzes ____-____ tax, ____/______ reporting, does ____ have
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seperate tax reporting periods, and does ___ have foreign trade settling. - correct
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answer✔✔Pre-coded, GST/PST, not, not ||\\//|| ||\\//|| ||\\//||
The UK NS edition utilizes ____-____ tax, ______ reporting, and ____ tax reporting periods
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
and ____ foreign trade setting. - correct answer✔✔Pre-coded, VAT, Has, Has
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The Japan NS edition utilizes ____-____ tax, ____ tax, ___ seperate tax reporting periods,
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and ___ foreign trade setting. - correct answer✔✔Pre-coded, Consumption, has, has
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The Australia NS edition utilizes ____-____ tax, ____ reporting, ____ seperate tax reporting
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periods, and ____ foreign trade settling. - correct answer✔✔Pre-Coded, GST, has, has
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The International NS edition does ____ utilize ____-____ tax, ____ seperate tax reporting
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periods, and ____ foreign trade settling. - correct answer✔✔Not, Pre-Coded, Has, Has
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
_____ ______ are used for tax reporting in all Non-US and Non-Canada editions. - correct
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answer✔✔Tax Periods ||\\//||
Tax ____ defines tax juristiction. - correct answer✔✔Nexus
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____ _____ account define tax types, and contain GL postings of Sales VT. - correct
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answer✔✔Tax Control ||\\//||
