NETSUITE ERP CONSULTANT UPDATED EXAM SCRIPT QUESTIONS
AND SOLUTIONS RATED A+
✔✔Revenue Commitment - ✔✔Allows recognition of revenue before invoicing
✔✔VSOE - ✔✔Allows auto-allocation of revenue across elements sold in a bundle
✔✔Revenue Recognition Schedule - ✔✔Shows list of Rev Rec JE to be generated
✔✔Revenue Recognition Template - ✔✔Allows definition of % of rev to be recognized
up front
✔✔With credit card integratino enabled, what happens when a standalone cas sale is
saved - ✔✔Authorize and charge/capture credit card
✔✔Which statement is true about the default impact of receiving a customer return -
✔✔Returned item is added to available inventory
✔✔What impact does the manager commission sched have on the commissions a
manager receives - ✔✔Manager schedules calculate commission for Sales Managers
based on the sales made by Sales Reps they manage, as well as the sales they make
directly
✔✔which center type is used to grant customers access to "My Account" - ✔✔Ecomm
Center
✔✔A company is a big box retailer of kitchen appliances. Each appliance has a unique
13-digit alphanumeric code - ✔✔serialized inventory items
✔✔Best practice for ensuring accurate inventory quantities - ✔✔Create an inventory
adjustment where each line item represents the item cycle counted and its
corresponding difference
✔✔Which two statements are true about intercompany inventory transactions - ✔✔Drop
Ship and Special Order are both supported between subsidiaries, AND Pick Pack Ship
is an otion for Interco transfers
✔✔which 3 actions are supported using assembly functionality - ✔✔Including Service
Items, Serialized, Lot Number Items, and tracking variation in quantities of components
✔✔which 3 statements are trure about landed cost setup features - ✔✔1. Multiple
Landed Cost Categories can be applied to an Item receipt, 2. Landed Cost can be
allocated by Weight, Cost, Quantiy, or manual, 3. Both the Inventory Item and the
Landed Cost item must be marked Landed Cost = TRUE
, ✔✔Landed Cost can be by - ✔✔Weight, Cost, Quantity, or manual
✔✔Pricing applied according to the quantity included in the line item - ✔✔by Line
Quantity
✔✔Pricing is applied for all line items for the same item on a transaction - ✔✔by Overall
Item Quantity
✔✔Pricing is applied for all items in the same hierarchy - ✔✔by Overall Parent Quantity
✔✔Purchasing department creates PO's and needs to enter the vendor bill prior to the
goods being received - ✔✔Enable Bill in Advance of Receipt functionality
✔✔Purchasing department needs to track defective items that are returned to the
vendor replacement or credit. What settings? - ✔✔Enable the Vendor Return Auth, and
Use the standard Vendor Activity report
✔✔Which statement is trure regarding the Fixed Asset Management setup option to
"Restrict Ability to Reject Proposals" - ✔✔If this option is checked, only NS Admin can
reject proposals
✔✔The Sales Manager manages 4 teams. Which dashboard feature to show increase
in company sales, relative contribution to overal, and team size - ✔✔KPI scorecard
portlet
✔✔To avoid divide by zero errors; if the results is zero, replace with null - ✔✔NULLIF
✔✔Returns value based on different conditions - ✔✔CASE
✔✔Display "unassigned" in results if blank - ✔✔IS NULL
✔✔Display date by day of the week - ✔✔TO_CHAR
✔✔Compares 2 values, then returns specified paramenter if they match - ✔✔DECODE
✔✔Which setting on a saved search will email only the assigned Sales Rep -
✔✔Recipient from results
✔✔When buliding a saved search where "use expressions" is checked, which 2
requirements? - ✔✔1. Available Filter in the Filter region cannot be same as the
Criteria, 2. Parenthesis must balance
AND SOLUTIONS RATED A+
✔✔Revenue Commitment - ✔✔Allows recognition of revenue before invoicing
✔✔VSOE - ✔✔Allows auto-allocation of revenue across elements sold in a bundle
✔✔Revenue Recognition Schedule - ✔✔Shows list of Rev Rec JE to be generated
✔✔Revenue Recognition Template - ✔✔Allows definition of % of rev to be recognized
up front
✔✔With credit card integratino enabled, what happens when a standalone cas sale is
saved - ✔✔Authorize and charge/capture credit card
✔✔Which statement is true about the default impact of receiving a customer return -
✔✔Returned item is added to available inventory
✔✔What impact does the manager commission sched have on the commissions a
manager receives - ✔✔Manager schedules calculate commission for Sales Managers
based on the sales made by Sales Reps they manage, as well as the sales they make
directly
✔✔which center type is used to grant customers access to "My Account" - ✔✔Ecomm
Center
✔✔A company is a big box retailer of kitchen appliances. Each appliance has a unique
13-digit alphanumeric code - ✔✔serialized inventory items
✔✔Best practice for ensuring accurate inventory quantities - ✔✔Create an inventory
adjustment where each line item represents the item cycle counted and its
corresponding difference
✔✔Which two statements are true about intercompany inventory transactions - ✔✔Drop
Ship and Special Order are both supported between subsidiaries, AND Pick Pack Ship
is an otion for Interco transfers
✔✔which 3 actions are supported using assembly functionality - ✔✔Including Service
Items, Serialized, Lot Number Items, and tracking variation in quantities of components
✔✔which 3 statements are trure about landed cost setup features - ✔✔1. Multiple
Landed Cost Categories can be applied to an Item receipt, 2. Landed Cost can be
allocated by Weight, Cost, Quantiy, or manual, 3. Both the Inventory Item and the
Landed Cost item must be marked Landed Cost = TRUE
, ✔✔Landed Cost can be by - ✔✔Weight, Cost, Quantity, or manual
✔✔Pricing applied according to the quantity included in the line item - ✔✔by Line
Quantity
✔✔Pricing is applied for all line items for the same item on a transaction - ✔✔by Overall
Item Quantity
✔✔Pricing is applied for all items in the same hierarchy - ✔✔by Overall Parent Quantity
✔✔Purchasing department creates PO's and needs to enter the vendor bill prior to the
goods being received - ✔✔Enable Bill in Advance of Receipt functionality
✔✔Purchasing department needs to track defective items that are returned to the
vendor replacement or credit. What settings? - ✔✔Enable the Vendor Return Auth, and
Use the standard Vendor Activity report
✔✔Which statement is trure regarding the Fixed Asset Management setup option to
"Restrict Ability to Reject Proposals" - ✔✔If this option is checked, only NS Admin can
reject proposals
✔✔The Sales Manager manages 4 teams. Which dashboard feature to show increase
in company sales, relative contribution to overal, and team size - ✔✔KPI scorecard
portlet
✔✔To avoid divide by zero errors; if the results is zero, replace with null - ✔✔NULLIF
✔✔Returns value based on different conditions - ✔✔CASE
✔✔Display "unassigned" in results if blank - ✔✔IS NULL
✔✔Display date by day of the week - ✔✔TO_CHAR
✔✔Compares 2 values, then returns specified paramenter if they match - ✔✔DECODE
✔✔Which setting on a saved search will email only the assigned Sales Rep -
✔✔Recipient from results
✔✔When buliding a saved search where "use expressions" is checked, which 2
requirements? - ✔✔1. Available Filter in the Filter region cannot be same as the
Criteria, 2. Parenthesis must balance
