NetSuite SuiteFoundations Exam Prep| 75 QUESTIONS WITH 100% CORRECT ANSWERS SuiteBuilder is a point and click tool for customization correct answer True Use a _________ ________ to control how information is entered and viewed correct answer Custom Forms A custom record may be a be tter option than adding too many custom fields to an existing record correct answer True ? Preparation for the Data Import is crucial to a successful import correct answer True? How can I create a CSV template to use for an import template? correct answer Export a List view All records may be imported via the import assistant correct answer False What sort of criteria can you set by going to Setup > Company > Duplicate Detection?correct answer Fields to match on, uses a saved search functionality. Which include email, name, etc. Not all fields are allowed. Custom fields are allowed on Customer, also address, first name, last name, phone Whether a company or an individual, NetSuite should look at the email address in the exact same waycorrect answer Fal se. Duplicate detection uses the domain name for company evaluation and uses the full email address for contact, individuals. How would you simultaneously edit/change multiple records at once? correct answer Mass Update Which features allow editing recor ds directly from a list?correct answer Inline Editing Account Numbers are Mandatory in the Chart of Accountscorrect answer False Turn on this feature at Setup>>Accounting>>Accounting Preferences>>General You cannot setup past and future accounting periodscorrect answer False You cannot do Cash Basis reportingcorrect answer False. Setup>>Accounting>>AccountingPreferences>>General Ledger or on each report edit and go to More Options Subsidiarycorrect ans wer Create for each legal entity Opening Balancecorrect answer Balance for each general ledger account Classificationscorrect answer Facilitates financial segmenting using departments, classes, and locations Accounting Periodscorrect answer Ability to have transactions posted to a period, rather than just a date Tax agencies are whom we pay collected taxescorrect answer True (as vendors) Tax control accounts can be set up manuallycorrect answer True, but only through the Tax Control Account Setup A tax nexus defines the tax jurisdiction, where business is transactedcorrect answer True A subsidiary can only have one tax nexuscorrect answer False. Nexus Sublist is available to add multiple Tax schedules are a functionality of Advanced Taxes and determine the tax treatment of items purchased and soldcorrect answer True Inventory items can also include serialized and lot numbered inventory if those features have been enabledcorrect answer True Non-inventory items are only available for purchas ecorrect answer False For Purchase, For Resale, For Sale Service items cannot be fulfilledcorrect answer False Name the three NetSuite classifications available for reporting and the GLcorrect answer Location, Class, Department True or False: Combine the use of classifications with the general ledger account to simplify your chart of accountscorrect answer True Account numbers are mandatory in NetSuite's Chart of Accountscorrect answer False Which feature allows transacting b usiness with vendors and customers in different currenciescorrect answer Multiple Currencies What is base currency?correct answer Base currency is the currency used for your company's, subsidiaries', books The NetSuite _________________ supports locali zed handling of taxescorrect answer NetSuite Edition
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NetSuite SuiteFoundations Exam Prep| 75 QUESTIONS WITH 100% CORRECT ANSWERS
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NetSuite SuiteFoundations Exam Prep| 75 QUESTIONS WITH 100% CORRECT ANSWERS SuiteBuilder is a point and click tool for customizationcorrect answer True Use a _________ ________ to control how information is entered and viewedcorrect answer Custom Forms A custom record may be a better option than adding too many custom fields to an existing recordcorrect answer True? Preparation for the Data Import is crucial to a successful importcorrect answer True? How can I create a CSV template to use for an import template?correct answer Export a List view
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