Oracle NetSuite ERP Consultant Professional (N16302GC10) Free Practice Test

Question 1

Which default recognition methods are available when creating a new revenue recognition rule? (Choose two.)

A. Straight-line, by even periods

B. Straight-line, prorate all periods except first and last (period rate)

C. Straight-line, prorate first and last period (period rate)

D. Straight-line by exact periods

Correct Answer: A,C

Question 2

A company wants to confirm that they can track inventory.
Which segment allows tracking product categories at the inventory level?

A. Custom Segment

B. Location

C. Class

D. Department

Correct Answer: C

Question 3

Which statement is true about restricting forms to roles?

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

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

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

D. Forms can be restricted based on segmentation.

Correct Answer: B

Question 4

Which search expression would yield abctestdrive?

A. CONCAT ('abc', 'test', 'drive')

B. abc, test, drive

C. CONCAT ('abc''test''drive')

D. 'abc'||'test'||'drive'

Correct Answer: A

Question 5

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

A. Multiple subsidiaries are created with the same currency.

B. NetSuite OneWorld is implements with multiple base currencies.

C. Budget exchange rates must be maintained.

D. The Multiple Currencies feature is turned on.

Correct Answer: B

Question 6

Which requirement requires using SuiteScript rather than SuiteFlow?

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

B. Sending a customer survey when clicking a button.

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 7

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 8

Identify the steps for valuing an inventory item using the Standard Cost Costing method?
1. Rollup Standard Costs.
2. Enter Standard Cost at sublist level.
3. Revalue inventory and update Standard Costs.

A. 2, 1, 3

B. 3, 1, 2

C. 2, 3, 1

D. 1, 3, 2

Correct Answer: A

Question 9

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

A. Advanced Shipping

B. Fulfillment Requests

C. Advanced Billing

D. Invoice in Advance of Fulfillment

Correct Answer: C

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Oracle NetSuite ERP Consultant Professional (N16302GC10) Free Practice Test