NetSuite NetSuite Certifications NETSUITE-ERP-CONSULTANT Questions & Answers

• Question 41:

  A company is using the Multiple Currencies feature.

  Which account type allows Revalue Open Balance for Foreign Currency Transactions?

  A. Cost of Goods Sold

  B. Income

  C. Expense

  D. Other Current Asset

  Correct Answer: B

  Reference: https://www.morganfranklin.com/insights/company-insight/utilizing-netsuites-multicurrency-features/

• Question 42:

  If Advanced Shipping is enabled, which statement is true about crediting a Vendor Return?

  A. A bill credit for the item amount can be created before shipment.

  B. A bill credit for the amount of the item can only be created after shipment.

  C. A bill credit cannot be created if the credit is not equal to the amount of the item being shipped.

  D. A bill credit is automatically created when a Vendor Return Authorization is created.

  Correct Answer: B

  Reference: https://www.bistasolutions.com/resources/blogs/netsuite-supply-chain-management/

• Question 43:

  When creating Matrix Items, which field lists are used to populate the Matrix Item Name Template? (Choose two.)

  A. Insert Item Attribute

  B. Insert Matrix Option

  C. Insert Item Option

  D. Insert Item Properties

  Correct Answer: AC

  Reference: https://jcurvesolutions1.zendesk.com/hc/en-us/articles/360037933911--Importing-Matrix-Options-for-Items

• Question 44:

  A Custom Role cannot view a Custom Field on an Entity Form, which of the following permissions need to be assigned in order to be able to view it?

  A. Record Custom Entry

  B. Record Custom Entity Field

  C. Record Entity Field

  D. Record Custom Field

  Correct Answer: B

  Reference: https://www.netsuite.com/portal/common/pdf/suite-builder-guide.pdf (23)

• Question 45:

  Which requirement requires using SuiteScript rather than SuiteFlow?

  A. Sending a customer survey when clicking a button.

  B. Creating a custom approval process on Sales Order records.

  C. Creating a task for the Sales Rep when saving Opportunity.

  D. Setting the value of a multi-select field on an existing Customer record.

  Correct Answer: C

• Question 46:

  Which setup option can be used as a default Intercompany Journal Entry Auto Balance Account?

  A. An account that can be used in multiple currencies

  B. A Summary account

  C. An account restricted to a currency

  D. An account restricted to the Parent Subsidiary

  Correct Answer: A

• Question 47:

  Which statement is true when configuring the default Vendor Prepayment Account?

  A. The Vendor Prepayment Account set at the subsidiary level takes precedence over the Vendor Prepayment Account set at the company level.

  B. The Vendor Prepayment Account set at the company level takes precedence over the Vendor Prepayment Account set at the subsidiary level.

  C. The Vendor Prepayment Account set at the subsidiary level takes precedence over the Vendor Prepayment Account set at the vendor level.

  D. The Vendor Prepayment Account set at the vendor level takes precedence over the Vendor Prepayment Account set at the subsidiary level.

  Correct Answer: A

  Reference: https://jcurvesolutions1.zendesk.com/hc/en-us/articles/900000858546--Setting-Up-Vendor-Prepayments

• Question 48:

  Which SQL function helps a user to retrieve values based on different conditions?

  A. Case or Case When

  B. Datetime Functions

  C. Analytic and Aggregate

  D. NULL-Related

  Correct Answer: A

  Reference: https://www.techonthenet.com/sql/and_or.php

• Question 49:

  Which account type can be merged after setup?

  A. Accounts Receivable

  B. Bank

  C. Account Payable

  D. Summary

  Correct Answer: B

  Reference: https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/section_N1443248.html

• Question 50:

  Which pReference: must be selected for a company to bill their customers ahead of shipping goods?

  A. Fulfillment Requests

  B. Invoice in Advance of Fulfillment

  C. Advanced Billing

  D. Advanced Shipping

  Correct Answer: C

  Reference: https://docs.oracle.com/en/cloud/saas/financials/21d/faofc/index.html