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which statement is true about assigning a billing schedule to an item record?
which statement is true about assigning a billing schedule to an item record?A . it forces all the lines on sales order to have billing scheduleB . it requires that items on the same sales order have billing schedule of some kindC . it requires that all items on the...
Which account type is non-posting?
Which account type is non-posting?A . Statistical Account-*Statistical accounts are non-monetary accounts that can be used to maintain statistical information for a variety of metrics. For example, a statistical account could be established to maintain the employee headcount by the department in an organization.B . Deferred ExpenseC . Unbilled ReceivableD...
How does NetSuite set up a company record when you buy from and sell to the same company?
How does NetSuite set up a company record when you buy from and sell to the same company?A . either the vendor or the customer can be set as "Parent of" the other record to link themB . NetSuite tracks this using the "Other relationship" functions to link the customer...
Which two boxes must be used to reverse the journal entry next month (choose 2)
Which two boxes must be used to reverse the journal entry next month (choose 2) A. Defer entry B. memo C. pending approval D. Reversal date E. do not post untilView AnswerAnswer: A.D
Which three steps are required to prevent someone from accessing some accounts but not others?
Which three steps are required to prevent someone from accessing some accounts but not others?A . Assign a Currency to the accountB . Use the NetSuite default standard roleC . Customize the role to restrict access by segmentD . Designate Department | Class | Location on the accountE . Tag...
What is the purpose of an elimination subsidiary?
What is the purpose of an elimination subsidiary?A . Entering non-posting transactionsB . Posting non-auditable transactionsC . Offsetting expenses between departmentsD . Offsetting intercompany transactionsView AnswerAnswer: D
Bank accounts interact with subsidiaries?
Bank accounts interact with subsidiaries?A . can be linked with no limit to multiple subsidiaryB . can be linked with any number of subsidiaries in parent: child relationshipC . can be linked up to 2 subsidiariesD . Must be linked with 1 subsidiaryView AnswerAnswer: D
Which two statement are true about setting up the intercompany expense allocation (choose 2)
Which two statement are true about setting up the intercompany expense allocation (choose 2) A. the source may be multiple subsidiary B. The target may be multiple subsidiaries C. The source must be one subsidiary D. the target can only be one subsidiaryView AnswerAnswer: A.B
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?
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 . customer depositsB . Bank accountC . undeposited fundsD . accounts receivableView AnswerAnswer: C
How can the financial reports be kept separate when tracking finances for two wholly owned but distinct legal entities in one NetSuite account?
How can the financial reports be kept separate when tracking finances for two wholly owned but distinct legal entities in one NetSuite account?A . use separate fiscal calendarsB . use classesC . use the multi-book accounting featureD . use subsidiariesView AnswerAnswer: D
