Free Practice NetSuite Financial-User Exam Questions 2025

Stay ahead with 100% Free NetSuite Financial User Financial-User Dumps Practice Questions

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Total 100 Questions | Updated On: Jun 04, 2025

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Question 1

Which two statements are true about budgets in NetSuite? (Choose two.)

A : Budgets can use statistical accounts

B : Budgets set to "Enforce" prevent overspending.

C : Global budget amounts may fluctuate when viewed in root parent currency.

D : Local budget amounts may fluctuate when consolidated to parent subsidiary view.

Answer: A,D

Question 2

Which transaction, that records the expense and the cash spent in one step, can be used to record ad-hoc purchases such as petty cash

A : Purchase Order

B : Pay single vendor

C : Write check

D : Transfer funds

Answer: C

Question 3

When entering a journal, which two boxes must be used to reverse the journal entry next month, so that the reversal is not created until then? (Choose Two)

A : Do Not Post Until

B : . Defer Entry

C : Memo

D : Pending Approval

E : Reversal Date

Answer: B,E

Question 4

Which two statements are true about budgets in NetSuite? (Choose two.)

A : Budgets can use statistical accounts

B : Budgets set to "Enforce" prevent overspending.

C : Global budget amounts may fluctuate when viewed in root parent currency.

D : Local budget amounts may fluctuate when consolidated to parent subsidiary view.

Answer: A,D

Question 5

Which statement is true about the Period Close Checklist?

A : This is required for Year-End Close.

B : Tasks may be completed in any order.

C : Customer-specific steps can be added.

D : Tasks displayed depend upon features enabled.

Answer: D

Page: 1 / 20

Total 100 Questions | Updated On: Jun 04, 2025

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