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Exam (elaborations)

ERP CONSULTANT - SAMPLE EXAM

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Which three requirements can be addressed using standard NetSuite functionality in accounting preferences? A: Automatically drop ship POs. B: Send order fulfilled confirmation emails D: Send email confirmation when SO cancelled. A company has decided to use the Class segment to track product lines on sales. They would like to force users to enter a value in this field and have configured the system to show the class field at the line level of transactions. B: Enable the accounting preference 'make classes mandatory' D: Create a dummy value called "No Class" to select on transactions where a product line is not applicable. Which action is recommended for undesired accounts in preparing for go-live? Leave undesired accounts active in case transactions post to them What is a benefit of viewing Chart of Accounts with Show Inactives Marked? Amounts posted to inactive default accounts are visible. Which three valid characteristics affect setting up and assigning NetSuite default segments (Department/Class/Location)? A: Locations are available for tracking inventory. B:Segments can be used to restrict data access E: Departments can be defined in a hierarchy for reporting purposes Which segment combinations require SuiteScript? Limit Class to specific Departments Which two statements are true about the Multiple Calendars feature? Without this feature, the Tax Years are the same across all subsidiaries AND With this feature, different fiscal calendar definitions can be used on the same subsidiary for accounting and tax periods. What is the impact of enabling the "Void Transactions Using Reversing Journals" setting? It displays a VOID button on the transaction and creates a Reversing Journal Entry. All multi-currency features are enabled in a OneWorld account. What does the base currency column with a value of 'Yes' mean for multiple currencies? The currency is used on subsidiary records or the company information.

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Uploaded on
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Written in
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