NetSuite Financial User Certification - NetSuite-Financial-User Exam Questions [2026]

QUESTION NO: 1
On which financial statements are invoices summarized?

A. account payable aging B. Balance sheet C. general ledger D. income statement

Correct Answer: C

QUESTION NO: 2
What is the simplest way to post incurred bank fees while using the Reconcile Bank Statement page?

A. Use the New Charges subtab B. Use the New Deposits subtab C. Post a Journal Entry D. Post a Write Check transaction

Correct Answer: A

QUESTION NO: 3
Which two statements are true about Vendors in a One World account? (Choose two.)

A. Vendors can only be assigned to one subsidiary. B. Vendors can have multiple currencies. C. There is one Credit Limit value per Vendor. D. Vendors can be assigned to multiple subsidiaries.

Correct Answer: B,D

QUESTION NO: 4
What is true about multi-currency Customers?

A. Customers are limited to the currency of the subsidiary they are linked to. B. Customers can choose to pay an invoice in any currency. C. Sub customers must transact in the currency of the Parent Customer. D. Customers may use an unlimited number of currencies.

Correct Answer: D

QUESTION NO: 5
How can an Expense Allocation Schedule be set up to dynamically recalculate weighting each time it is applied?

A. Use a statistical account B. Predefine the weighting when setting up the schedule C. Use custom segments D. Click the Update Sample Weights button.

Correct Answer: B

QUESTION NO: 6
Which three steps are required to prevent someone from accessing some accounts but not others?

A. Use the NetSuite default standard role B. Assign a Currency to the account C. Designate Department | Class | Location on the account D. Customize the role to restrict access by segment E. Tag the Employee record to Department | Class | Location

Correct Answer: C,D,E

QUESTION NO: 7
Which two criteria can be used to define a custom section in a custom financial statement? (Choose two)

A. Date of Account Created B. Department C. Account Balance D. Name of Account

Correct Answer: B,D

QUESTION NO: 8
To which account should the customer payments be posted, to consolidate all customer payments recorded through the day into one bank deposit at the end of the day?

A. customer deposits B. accounts receivable C. Bank account D. undeposited funds

Correct Answer: D

QUESTION NO: 9
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

Correct Answer: C