Free NetSuite Financial-User Exam Questions

Become NetSuite Certified with updated Financial-User exam questions and correct answers

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Total 100 Questions | Updated On: Jan 07, 2025

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Question 1

Which transaction, that records the expense and the cash spent in one step, can be used to record ad-hoc purchases such as petty cash

A : Purchase Order

B : Pay single vendor

C : Write check

D : Transfer funds

Answer: C

Question 2

Which two options should be selected to create a memorized transaction for the electric bill, which varies in amount each month but will continue until canceled?

A : Action: Reminder

B : Override Transaction Date

C : Action: Automatic

D : Indefinite

E : Number Remaining

Answer: A,D

Question 3

Which transaction, that records the expense and the cash spent in one step, can be used to record ad-hoc purchases such as petty cash

A : Purchase Order

B : Pay single vendor

C : Write check

D : Transfer funds

Answer: C

Question 4

Which statement is true about the Period Close Checklist?

A : This is required for Year-End Close.

B : Tasks may be completed in any order.

C : Customer-specific steps can be added.

D : Tasks displayed depend upon features enabled.

Answer: D

Question 5

Which statement is true about expense allocations?

A : Allocation schedules can only be set to a frequency of once per month

B : Allocation JEs must zero out the source expense account

C : Allocation schedules can be assigned to any expense account

D : Allocation schedules are assigned to specific purchase transactions

Answer: C

Page: 1 / 20

Total 100 Questions | Updated On: Jan 07, 2025

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