Netsuite Financial User Practice Exam Questions And Answers

Netsuite Financial User Practice Exam
Questions And Answers

13) Which transaction requires a credit memo before a refund? Invoice




14) In which two places can Invoices be created based upon Billing Schedules? (Choose two.)

Individually from the Sales Order


The billing queue under Bill Orders




Match each Billing Schedule type with how it is used

A. ___ Charged Based

B. ___ Time and Material

C. ___ Fixed Bid Milestone

1. Based on actual costs

2. Billing triggered as tasks in projects are completed


3. Includes billing rates A-3


B-1

C-2




16) Match each step in the standard accounts payable process with its step number.

, Netsuite Financial User Practice Exam
Questions And Answers
A. ___ Receive Item

B. ___ Bill Purchase Order

C. ___ Purchase Order Created


D. ___ Purchase Requisition Entered A-3


B-4

C-2

D-1




17) Which two statements are true about Vendors in a OneWorld account? (Choose two.)

Vendors can have multiple currencies


Vendors can be assigned to multiple subsidiaries.




18) Which statement is true about NetSuite Accounts Payable transactions? Bill Purchase

Orders page will allow you to generate bills from multiple vendors at once




19) Which two account types can be used to Pay Vendor Bills? (Choose two.) Bank


Credit Card