NetSuite NetSuite Certifications NETSUITE-ERP-CONSULTANT Questions & Answers

• Question 31:

  Which statement determines if NetSuite maintains a list of consolidated exchange rates?

  A. Multiple subsidiaries are created with the same currency.

  B. Budget exchange rates must be maintained.

  C. NetSuite OneWorld is implements with multiple base currencies.

  D. The Multiple Currencies feature is turned on.

  Correct Answer: C

  Reference: https://www.netsuite.com/help/helpcenter/en_US/srbrowser/Browser2016_2/schema/record/currency.html

• Question 32:

  Which statement is true regarding Bin Management on item records?

  A. Users can designate more than one preferred bin per location.

  B. When adding bins to an item record, only one bin can be associated per location.

  C. Users can associate multiple items with one bin and multiple bins with one item.

  D. Bin records cannot be associated to Assembly and Matrix item types.

  Correct Answer: A

  Reference: https://netsuiteguru.blogspot.com/p/bin.html

• Question 33:

  Which statement is true about restricting forms to roles?

  A. Marking the form as Inactive restricts the form to a specific role.

  B. Forms can be restricted based on segmentation.

  C. Enabling the Preferred checkbox restricts the form to a specific role.

  D. The Restricted checkbox can be enabled or disabled when a form is marked as Preferred in role setup.

  Correct Answer: D

  Reference: https://help.nexonia.com/hc/en-us/articles/115004367908-Understanding-NetSuite-Expenses-Data-Integration-Error-Messages

• Question 34:

  Which search expression would yield abctestdrive?

  A. CONCAT (‘abc’, ‘test’, ‘drive’)

  B. ‘abc’||‘test’||‘drive’

  C. abc, test, drive

  D. CONCAT (‘abc’‘test’‘drive’)

  Correct Answer: A

• Question 35:

  Which statements are true after enabling Multiple Shipping Routes? (Choose two.)

  A. You can use different Shipping Methods per line.

  B. You can only use one Shipping Method.

  C. You can charge shipping to multiple account numbers.

  D. You can only use one Shipping Method per location.

  E. You can charge Shipping Cost per line.

  Correct Answer: DE

  Reference: https://blog.prolecto.com/2021/02/27/best-practice-on-shipping-charge-handling-in-netsuite-dropships/

• Question 36:

  What checkbox must be cleared to import mid-life asset records?

  A. Write-down using Depreciation Account

  B. Allow Asset Value Editing

  C. Run Server Scripts on CSV Import

  D. Allow Future-dated Depreciation

  Correct Answer: C

  Reference: https://docs.oracle.com/cd/E60665_01/netsuitecs_gs/NSFAM/NSFAM.pdf (17)

• Question 37:

  Which functionality enables a user to automatically add elimination lines to an Advanced Intercompany Journal Entry?

  A. Auto Fill

  B. Eliminate checkbox

  C. Auto Balance

  D. Save Journal

  Correct Answer: B

  Reference: https://videohub.oracle.com/media/Users+save+Advanced+Intercompany+Journal+Entries+and+receives+a+noticeA+Elimination+settings+for+the+journal+line%2C+account%2C+and+name+do+not+match.+To+check+this+line +for+intercompany+elimination.../1_e3fpg2oo

• Question 38:

  Which feature allow you to record the invoice for an entire sales order, even if all items on the order are not shipped?

  A. Advanced Billing

  B. Advanced Shipping

  C. Advanced Inventory Management

  D. Advanced Receiving

  Correct Answer: B

  Reference: https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/chapter_N1215966.html

• Question 39:

  Inventory costing will not initiate in which scenario?

  A. An item is sold that has never been received.

  B. An item is shipped for a sales order when the inventory is not in stock.

  C. An item is back ordered and shipped for a sales order.

  D. A Return Authorization is generated to return an item.

  Correct Answer: D

  Reference: https://www.netsuite.com/portal/products/erp/order-management/returns-management.shtml

• Question 40:

  Which statements are true about Multiple Currencies and Vendors? (Choose two.)

  A. Adds a Currencies subtab to vendor records under the Financial subtab

  B. Changes the Currency field on vendor records to Primary Currency

  C. Enables you to define purchase and sale prices in other currencies on item records

  D. Makes the Currency field on purchase and sale transactions editable

  Correct Answer: AB

  Reference: https://docs.oracle.com/cd/E60665_01/netsuitecs_gs/NSVEN/NSVEN.pdf