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Oracle NetSuite Financial User Sample Questions (Q70-Q75):
NEW QUESTION # 70
which statement is true about assigning a billing schedule to an item record?
- A. it requires that all items on the sales order used same billing schedule
- B. it forces all the lines on sales order to have billing schedule
- C. it ensures that item will always have the billing default in correctly on the sales order
- D. it requires that items on the same sales order have billing schedule of some kind
Answer: C
NEW QUESTION # 71
Which two statements are true about Vendors in a One World account? (Choose two.)
- A. There is one Credit Limit value per Vendor.
- B. Vendors can only be assigned to one subsidiary.
- C. Vendors can be assigned to multiple subsidiaries.
- D. Vendors can have multiple currencies.
Answer: C,D
NEW QUESTION # 72
What is the purpose of an elimination subsidiary?
- A. Entering non-posting transactions
- B. Posting non-auditable transactions
- C. Offsetting intercompany transactions
- D. Offsetting expenses between departments
Answer: C
NEW QUESTION # 73
Which two statements are true about setting up expense allocations? (Choose two.)
- A. The source must be one account.
- B. The source can be multiple accounts
- C. The target must be one account
- D. The target can be multiple accounts
Answer: B,D
NEW QUESTION # 74
What is the order of steps for the NetSuite standard accounts receivable process?
- A. Fulfill Sales Order > Approve Sales Order > Bill Sales Order
- B. Approve Sales Order > Fulfill Sales Order > Bill Sales Order
- C. Approve Sales Order > Bill Sales Order > Fulfill Sales Order
- D. Bill Sales Order > Approve Sales Order > Fulfill Sales Order
Answer: B
NEW QUESTION # 75
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