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

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

Straight-line, by even periods

Straight-line by exact periods

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

2. Which scenario requires an Advanced Electronic Bank Payments license?

Customize Payment File Template for Positive Pay

Automate processing of payments in batches

Rollback of Payment File Administration

Aggregate bills to a single payment

3. Which statement is true about setting up Multi-Currency Customers?

Customers can have up to 25 transaction currencies.

Customers can have an unlimited number of transaction currencies.

Customers are limited to the currencies of the subsidiary they are linked to.

Customers can have up to 10 transaction currencies.

4. Which statement is true about restricting forms to roles?

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

Forms can be restricted based on segmentation.

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

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

5. A company that uses FIFO costing method is going live.

Which transaction best captures the time-based nature of inventory cost?

Adjust Inventory Worksheet

Item Fulfillment

Inventory Allocation

Adjust Inventory

6. 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?

Record Custom Entry

Record Custom Entity Field

Record Entity Field

Record Custom Field

7. What feature enables a user to create Billing Schedules in order to invoice sales over a time period or contract term?

Advanced Billing

Billing Operations

Billing Accounts

Charge-Based Billing

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

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

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

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

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

9. What is the maximum number of Quantity-based Price Levels a user can set up in NetSuite?

Unlimited

10. A saved search needs to return results that show the number of the Bill Payment and the Bill it is applied to.

Which Search Type and Join Relationship in the Results column (respectively) will obtain the desired result?

Bill Payment; Applied To Transaction Fields...

Transaction; Billing Transaction Fields...

Bill; Applying Transaction Fields...

Transaction; Applied To Transaction Fields...

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11. What permission is required to allow other users to subscribe to a saved search that you create?

Publish Search

Release Search

Export Lists

Perform Search

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

Adds a Currencies subtab to vendor records under the Financial subtab

Changes the Currency field on vendor records to Primary Currency

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

Makes the Currency field on purchase and sale transactions editable

13. Which three actions are supported using assembly functionality?

including service items as a component in the assembly

including components that are serialized or lot-numbered items

tracking replacement of one component with another similar component

tracking variation in the quantities of components from one batch of assemblies to the next

14. If the Allow Cross-Subsidiary Record viewing feature is checked on a role, which statement is true for users logged in with this role?

Users can transact in other subsidiaries.

Users can update addresses on Customer records from other subsidiaries.

Users can check prices on Sales Orders from other subsidiaries.

Users can submit expenses against customers in other subsidiaries.

15. Which mapping is required when performing a CSV Import to create a new Sales Order?

Sales Rep

Item

Location

Internal ID

16. What impact does the manager commission schedule have on the commissions a Manager receives?

Manager schedules have no impact on the commission the Manager receives. It is only used for reporting purposes.

Manager schedules calculate commission for Sales Managers based on the sales they make only. Employee commissions do not affect the Manager.

Manager schedules calculate commission for Sales Managers based on the sales made by Sales Reps they supervise as well as the sales they make directly.

Manager schedules calculate commission for Sales Managers based on the sales made by all Sales Reps regardless of reporting structure as well as the sales they make directly.

17. A client wants to track product lines within their financials, which exist inside of their business units.

Which native segment supports this requirement?

Create Departments to align with General Ledger accounts.

Create Locations for each product line.

Create Revenue Streams as Location.

Create Classes to associate with Items.

18. A company purchased and received 100 chairs for a conference room. Four of the chairs were the wrong style and must be returned.

What steps are performed after approving the Vendor Return Authorization?

Shipping the Return > Close Return

Shipping the Return > Crediting the Return

Shipping the Return > Create a Journal Entry

Shipping the Return > Mark Shipped on the Return Authorization

19. One item on a Return Authorization is damaged and will not be added back into Inventory.

Which Accounting Preference needs to be enabled to process the Return Authorization?

Write-Off Account for Returns

Enforce Minimum Quantity on Return Authorizations

Credit in Advance of Vendor Return

Allow Overage on Item Receipts

20. Which accounting impacts result from building an assembly? (Choose two.)

Increase Asset accounts of the Assembly item’s components

Decrease Asset accounts of the Assembly item’s components

Decrease Cost of Goods Sold account of the Assembly Item

Increase Cost of Goods Sold accounts of the Assembly item’s components

Increase Asset account of the Assembly Item

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21. What are two (2) advantages of using the Inbound Shipment Management Tool? (Choose two.)

Ship to several addresses using different shipping methods on the same transaction.

Accounts for in-transit inventory and status across an organization.

Users can create a single Item Receipt for all Purchase Order in an Inbound Shipment.

Drop Shipment for a Purchase Order is supported.

Apply landed costs to an entire shipment rather than individual item receipts.

22. Which carrier requires review and response to Invoice information when setting up a Shipping Integration account?

FedEx

UPS

USPS

None

23. A company is using the Multiple Currencies feature.

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

Cost of Goods Sold

Income

Expense

Other Current Asset

24. A NetSuite customer has an integration with Shopify. On the Shopify portal, a shopper selects goods and enters payment information at checkout.

What transaction is created through the integration?

Credit Card Payment

Cash Sale

Sales Order

Invoice

25. A company would like to add the same disclaimer message that prints in the footer of its PDF Invoices.

Which action should the Administrator take?

Edit the custom Invoice form and enter the message in the Disclaimer field.

Enter the disclaimer message in the Sales Form Memo field.

Edit the custom Invoice form and change the Printing Type to Advanced.

Create a custom Disclaimer field on the customized Invoice form and enter the message.

26. A workflow owner would like to stop current and future instances of a workflow from executing.

Which option should the owner use?

Inactivate the workflow.

Change the workflow Release Status to Testing.

Change the workflow Release Status to Suspended.

Change the workflow Release Status to Not Initiating.

27. A company wants to have vendor bills checked for discrepancies against item receipts, with a 5% tolerance quantity level.

Which is the correct setup?

Subsidiary Record > Preferences > Vendor Bill; Item Receipt Quantity Tolerance = 0.05

Subsidiary Record > Vendor Bill Matching > Vendor Bill; Item Receipt Quantity Tolerance = 0.05

Subsidiary Record > Vendor Bill Matching > Vendor Bill; Item Receipt Quantity Tolerance = 5

Subsidiary Record > Preferences > Vendor Bill; Item Receipt Quantity Tolerance = 5

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

Auto Fill

Eliminate checkbox

Auto Balance

Save Journal

29. If a NetSuite Administrator creates a saved search in a Sandbox account, which tool should the Administrator use to copy the search into a Production account?

Configuration Bundle

SuiteTalk

CSV Import

Customization Bundle

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

Insert Item Attribute

Insert Matrix Option

Insert Item Option

Insert Item Properties