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N16599GC10 Exam Vce & N16599GC10 Questions Answers
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Oracle N16599GC10 Exam Syllabus Topics:
Topic
Details
Topic 1
- Financial Reports and KPIs: This section of the exam measures the skills of Financial Reporting Analysts and covers building and interpreting financial reports using NetSuite Financial Report Builder Interface. It focuses on understanding how transactions impact reports and how to track financial performance through key performance indicators (KPIs).
Topic 2
- Budgeting: This section of the exam measures the skills of Financial Planning Analysts and focuses on creating and reporting budgets in NetSuite. It evaluates the ability to develop accurate financial forecasts and use built-in budgeting tools to support business planning and reporting.
Topic 3
- Journal Entries: This section of the exam measures the skills of General Ledger Accountants and covers the creation and management of journal entries. It includes differentiating between elimination and intercompany journal entries and understanding their setup and use within NetSuite financial structure.
Topic 4
- Period and Year-End Close: This section of the exam measures the skills of Accounting Managers and covers best practices for closing accounting and tax periods in NetSuite. It includes managing multiple subsidiaries, handling separate fiscal calendars, and ensuring accurate and compliant financial closure processes.
Topic 5
- Banking and Payment Processing: This section of the exam measures skills of Treasury Analysts and covers managing default banking transactions in NetSuite. It involves setting up cash and bank accounts, processing payments, and reconciling monthly bank and credit card statements. The focus is on maintaining accuracy and compliance in financial reconciliation.
Topic 6
- Subsidiaries, Classifications, Chart of Accounts: This section of the exam measures skills of Financial Systems officers and covers understanding subsidiaries, their types, and their role in financial management within NetSuite. It includes knowledge of classifications such as departments, classes, and locations, and how they affect transactions and reporting. Candidates are also assessed on managing the chart of accounts, setting account types, and applying access restrictions appropriately.
N16599GC10 Questions Answers - N16599GC10 Practical Information
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Oracle NetSuite Financial User Sample Questions (Q60-Q65):
NEW QUESTION # 60
which statement is true about assigning a billing schedule to an item record?
- A. it ensures that item will always have the billing default in correctly on the sales order
- B. it requires that all items on the sales order used same billing schedule
- C. it requires that items on the same sales order have billing schedule of some kind
- D. it forces all the lines on sales order to have billing schedule
Answer: A
NEW QUESTION # 61
Which statement is true about re-opening closed periods?
- A. A justification must be entered to re-open a closed period
- B. If only one period is re-opened, no other periods are affected
- C. The period close checklist is only required the first time you close a period
- D. Only administrator can re-open closed periods
Answer: A
NEW QUESTION # 62
Where can invoices that have already been generated be seen from the sales order screen?
- A. Under the billing tab, on the billing schedule
- B. Next to each line item
- C. Click the bill remaining button
- D. Under related records
Answer: D
NEW QUESTION # 63
What account is used when you want to accumulate all customer payments to make a consolidated deposit at the end of a given day?
Undeposited accounts
Which statement is true about Customer Deposits?
- A. Customer Deposits post to Accounts Receivable.
- B. Customer Deposits must be created from a Sales Order.
- C. Customer Deposits can be linked to an unapproved Sales Order.
- D. Customer Deposits are recorded as a liability.
Answer: D
NEW QUESTION # 64
Which two criteria can be used to define a custom section in a custom financial statement? (Choose two)
- A. Department
- B. Name of Account
- C. Date of Account Created
- D. Account Balance
Answer: A,B
NEW QUESTION # 65
......
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