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N16302GC10 Latest Exam Cram - N16302GC10 Preparation Store

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Oracle NetSuite ERP Consultant Professional Sample Questions (Q78-Q83):

NEW QUESTION # 78
Which accounting impacts result from building an assembly? (Choose two.)

A. Decrease Asset accounts of the Assembly item's components
B. Increase Cost of Goods Sold accounts of the Assembly item's components
C. Decrease Cost of Goods Sold account of the Assembly Item
D. Increase Asset accounts of the Assembly item's components
E. Increase Asset account of the Assembly Item

Answer: C,E

NEW QUESTION # 79
A company reduces overhead by not keeping stock of Item A at their warehouse. When a customer generates a Sales Order for Item A, the company generates a linked Purchase Order to a preferred vendor and can only fulfill the order upon receiving the item receipt.
Which item type meets the company's requirements?

A. Non-Inventory Item for Resale
B. Non-Inventory Item for Sale
C. Drop Ship item
D. Special Order item

Answer: B

NEW QUESTION # 80
Which default recognition methods are available when creating a new revenue recognition rule? (Choose two.)

A. Straight-line, prorate first and last period (period rate)
B. Straight-line, prorate all periods except first and last (period rate)
C. Straight-line by exact periods
D. Straight-line, by even periods

Answer: A,D

NEW QUESTION # 81
When using Multi-Book Accounting, which statement is true about the period end close process?

A. Permits processing the period end close for all book with the same close status.
B. Permits processing the period end close for all Accounting Books and requires closing the Tax book separately.
C. Permits processing the period end close for all books, even is the period close status varies.
D. Require closing each book individually, regardless of the period end close status.

Answer: B

NEW QUESTION # 82
Identify the steps for valuing an inventory item using the Standard Cost Costing method?
1. Rollup Standard Costs.
2. Enter Standard Cost at sublist level.
3. Revalue inventory and update Standard Costs.

A. 2, 1, 3
B. 2, 3, 1
C. 3, 1, 2
D. 1, 3, 2

Answer: A

NEW QUESTION # 83
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