NETSUITE FOUNDATION EXAM
What info is captured and recorded when using the Login Audit Trail?
1. I
2. L
3. D
4. U
5. V - ANSWERS-1. IP Address
2. login activity
3. date and time of login
4. user name
5. view list of transactions completed during user's session-failed
logins
Login Audit Trail Overview
If no data appears when using Login Audit trail, then the user ____
___ complete any transactions during the period you are viewing. -
ANSWERS-If no data appears when using Login Audit trail, then the
,user did not complete any transactions during the period you are
viewing.
The My Login Audit portlet shows information about your login
activity.
You can add the My Login Audit portlet to your dashboard.
Use the portlet to monitor your previous ________ ______, your
previous _______ _____, the __ _______ associated with your login
activity, the _______ when your password will expire, and other login
information. - ANSWERS-Use the portlet to monitor your previous
successful login, your previous failed login, the IP address associated
with your login activity, the date when your password will expire, and
other login information.
What are the 4 standard record types? - ANSWERS-1. entity
2. item
3. transaction
4. CRM
NetSuite uses the _______ ______ account to offset your A/P register.
Using this account balances your A/P register for inventory that has
,been received but not paid for. - ANSWERS-NetSuite uses the
Accrued Purchases account to offset your A/P register. Using this
account balances your A/P register for inventory that has been
received but not paid for.
The value of an inventory asset account is the total value of the
________ assets you have on hand. - ANSWERS-The value of an
inventory asset account is the total value of the inventory assets you
have on hand.
Or in other words, if each of your microphones was worth 100
dollars, and you had five available at hand, the value of your
inventory asset account would be 500 dollars.
_____ __ ____ ____ is the total amount your business paid as a cost
directly related to the sale of products.
Depending on your business, that may include products purchased for
resale, raw materials, packaging, and direct labor related to producing
or selling the good. - ANSWERS-Cost of goods sold is the total
amount your business paid as a cost directly related to the sale of
products.
Depending on your business, that may include products purchased for
resale, raw materials, packaging, and direct labor related to producing
or selling the good.
, Cost of Goods Sold (COGS) account register lists _________
incurred for purchasing or manufacturing the merchandise you sell.
Cost of goods sold, or, inventory costing, is calculated by _______
ending inventory from the _____ of the beginning inventory and the
________ during a period of time. - ANSWERS-Cost of Goods Sold
(COGS) account register lists EXPENSES incurred for purchasing or
manufacturing the merchandise you sell.
Cost of goods sold, or, inventory costing, is calculated by
SUBTRACTING ending inventory from the SUM of the beginning
inventory and the PURCHASES during a period of time.
Beginning Inventory + Purchases - Ending Inventory = Cost of Goods
Sold
An ____ _____ register lists your assets that result from the sale of
products and services.
Income is calculated by ________ expenses from revenues during the
time period specified. - ANSWERS-An income account register lists
your assets that result from the sale of products and services.
Income is calculated by subtracting expenses from revenues during
the time period specified.
What info is captured and recorded when using the Login Audit Trail?
1. I
2. L
3. D
4. U
5. V - ANSWERS-1. IP Address
2. login activity
3. date and time of login
4. user name
5. view list of transactions completed during user's session-failed
logins
Login Audit Trail Overview
If no data appears when using Login Audit trail, then the user ____
___ complete any transactions during the period you are viewing. -
ANSWERS-If no data appears when using Login Audit trail, then the
,user did not complete any transactions during the period you are
viewing.
The My Login Audit portlet shows information about your login
activity.
You can add the My Login Audit portlet to your dashboard.
Use the portlet to monitor your previous ________ ______, your
previous _______ _____, the __ _______ associated with your login
activity, the _______ when your password will expire, and other login
information. - ANSWERS-Use the portlet to monitor your previous
successful login, your previous failed login, the IP address associated
with your login activity, the date when your password will expire, and
other login information.
What are the 4 standard record types? - ANSWERS-1. entity
2. item
3. transaction
4. CRM
NetSuite uses the _______ ______ account to offset your A/P register.
Using this account balances your A/P register for inventory that has
,been received but not paid for. - ANSWERS-NetSuite uses the
Accrued Purchases account to offset your A/P register. Using this
account balances your A/P register for inventory that has been
received but not paid for.
The value of an inventory asset account is the total value of the
________ assets you have on hand. - ANSWERS-The value of an
inventory asset account is the total value of the inventory assets you
have on hand.
Or in other words, if each of your microphones was worth 100
dollars, and you had five available at hand, the value of your
inventory asset account would be 500 dollars.
_____ __ ____ ____ is the total amount your business paid as a cost
directly related to the sale of products.
Depending on your business, that may include products purchased for
resale, raw materials, packaging, and direct labor related to producing
or selling the good. - ANSWERS-Cost of goods sold is the total
amount your business paid as a cost directly related to the sale of
products.
Depending on your business, that may include products purchased for
resale, raw materials, packaging, and direct labor related to producing
or selling the good.
, Cost of Goods Sold (COGS) account register lists _________
incurred for purchasing or manufacturing the merchandise you sell.
Cost of goods sold, or, inventory costing, is calculated by _______
ending inventory from the _____ of the beginning inventory and the
________ during a period of time. - ANSWERS-Cost of Goods Sold
(COGS) account register lists EXPENSES incurred for purchasing or
manufacturing the merchandise you sell.
Cost of goods sold, or, inventory costing, is calculated by
SUBTRACTING ending inventory from the SUM of the beginning
inventory and the PURCHASES during a period of time.
Beginning Inventory + Purchases - Ending Inventory = Cost of Goods
Sold
An ____ _____ register lists your assets that result from the sale of
products and services.
Income is calculated by ________ expenses from revenues during the
time period specified. - ANSWERS-An income account register lists
your assets that result from the sale of products and services.
Income is calculated by subtracting expenses from revenues during
the time period specified.
