Free NetSuite ERP-Consultant Exam Questions

Become NetSuite Certified with updated ERP-Consultant exam questions and correct answers

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Total 157 Questions | Updated On: Feb 18, 2025

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Question 1

What is the purpose of Consolidated Exchange Rates? (Choose two.)

A : Consolidated Exchange Rates are used to set up Balance Sheet Accounts.

B : Consolidated Exchange Rates ensure that currency amounts translate properly from child to parent subsidiaries.

C : Consolidated Exchange Rates are used for reporting purposes.

D : Consolidated Exchange Rates are used only when setting up transaction currencies.

E : Consolidated Exchange Rates are used for currency conversion.

Answer: B,C

Question 2

One item on a Return Authorization is damaged and will not be added back into Inventory.

Which Accounting PReference: needs to be enabled to process the Return Authorization?

A : Write-Off Account for Returns

B : Enforce Minimum Quantity on Return Authorizations

C : Credit in Advance of Vendor Return

D : Allow Overage on Item Receipts

Answer: A

Question 3

Which statement about Workflow Actions is correct?

A : A Workflow Action cannot be scheduled; only workflows can be scheduled.

B : A SuiteScript cannot be used as Workflow Action.

C : A Workflow Action cannot delete a record.

D : A Workflow Action cannot trigger another workflow.

Answer: C

Question 4

Which item types can Serialized Assembly have as a component? (Choose tree.)

A : Non-Inventory Item

B : Serialized Item

C : Kit/Package

D : Lot Numbered Item

E : Regular Assembly Item

Answer: B,D,E

Question 5

Which statement is true about Vendor Return Authorizations?

A : Returning fewer items than what was ordered is allowed.

B : Once saved, the Vendor Return Authorization is recorded in the register, which is a posting account in the Chart of Accounts.

C : The status on a Vendor Return Authorization is always Pending Return.

D : Once saved, increasing the quantity or changing the rate creates an improper GL impact and is not recommended.

Answer: A

Page: 1 / 32

Total 157 Questions | Updated On: Feb 18, 2025

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