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Oracle NetSuite ERP Consultant Professional Sample Questions (Q51-Q56):
NEW QUESTION # 51
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. 3, 1, 2
- B. 1, 3, 2
- C. 2, 1, 3
- D. 2, 3, 1
Answer: C
NEW QUESTION # 52
An Administrator would like to prohibit individual users from choosing a date format in their accounts.
What steps should the Administrator take?
- A. Hide the Date Format option under General Preferences.
- B. Set a Date Format under General Preferences.
- C. Enable the Account Wide Date Formatting feature.
- D. Uncheck the Allow Override checkbox under General Preferences.
Answer: C
NEW QUESTION # 53
An item has Alternate Price 1 and Alternate Price 2 defined.
If there are no price levels assigned on a Customer record, which price level will be used on Sales Orders?
- A. Custom Price
- B. Alternate Price 1
- C. Alternate Price 2
- D. Base Price
Answer: B
NEW QUESTION # 54
What is the impact of enabling the Limit Vendor List on Items preference?
- A. Only vendors associated with an item display in the Vendor list.
- B. Only vendors marked as a Project Resource display in the Vendor list.
- C. Only vendors with previous transactions display on the Order Items page.
- D. All vendors are available on the Vendor Bills and Order Items pages.
Answer: A
NEW QUESTION # 55
Which statement is true when configuring the default Vendor Prepayment Account?
- A. The Vendor Prepayment Account set at the vendor level takes precedence over the Vendor Prepayment Account set at the subsidiary level.
- B. The Vendor Prepayment Account set at the subsidiary level takes precedence over the Vendor Prepayment Account set at the company level.
- C. The Vendor Prepayment Account set at the company level takes precedence over the Vendor Prepayment Account set at the subsidiary level.
- D. The Vendor Prepayment Account set at the subsidiary level takes precedence over the Vendor Prepayment Account set at the vendor level.
Answer: B
NEW QUESTION # 56
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