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NetSuite Financial User Certification Sample Questions:

1. Which statement is true about billing a purchase order in NetSuite?

A) Only approved vendor bills post to the general ledger
B) All bills must be created from a PO
C) Standalone bills containing inventory line items have no inventory account impact
D) Vendor bills post to the general ledger, whether approved or not

2. Which row type in a Financial Report allows display of the same unmodified data from another row?

A) Formula Row
B) Text Row
C) Echo Row
D) Reference Row

3. What are two characteristics of setting up Bank Accounts? (Choose 2)

A) A bank account can be shared by multiple subsidiaries
B) A bank account must belong to only one subsidiary
C) A bank account can be held in multiple currencies
D) A bank account must be held in one currency only

4. Which statement is true about the Period Close Checklist?

A) Tasks displayed depend upon features enabled.
B) This is required for Year-End Close.
C) Customer-specific steps can be added.
D) Tasks may be completed in any order.

5. To which account should the customer payments be posted, to consolidate all customer payments recorded through the day into one bank deposit at the end of the day?

A) Bank account
B) accounts receivable
C) undeposited funds
D) customer deposits

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