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Exam overview

Oracle N16599GC10 Exam Dumps

Vendor

Oracle

Exam Code

 N16599GC10

Actual Exam Duration

 60 Minutes

TOTAL QUESTIONS

86

Exam Name

 Oracle NetSuite Financial User

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Exam practice

Exam Q&A

Select an option, then click Show Answer.

Q1:

Which statement is true about inter-company journal entries?

A: Minimum of four lines

B: used to log intercompany eliminations

C: balance within each subsidiary, they need not balance between subsidiaries

D: maximum of six lines

Correct Answer: C

Q2:

Which expense allocation use case requires the use of statistical accounts?

A: static division of rent-based location

B: predefined split of marketing costs among sales channels

C: even 50/50 split of receptionist salary based on department

D: Division of recruiting based upon headcount

Correct Answer: D

Q3:

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 them

B: NetSuite tracks this using the 'Other relationship' functions to link the customer and vendor records

C: NetSuite uses a single company record to track this combined relationship

D: NetSuite uses unrelated customer and vendor records to track these

Correct Answer: B

Q4:

Which two transactions containing inventory items will post to COGS? (Choose two)

A: Item Return

B: Item Fulfillment

C: Standalone invoices

D: Invoices created from Sales Orders

Correct Answer: B, C

Q5:

Which statement is true about re-opening closed periods?

A: The period close checklist is only required the first time you close a period

B: Only administrator can re-open closed periods

C: If only one period is re-opened, no other periods are affected

D: A justification must be entered to re-open a closed period

Correct Answer: D

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