Free N16599GC10 Questions for Oracle NetSuite Financial User N16599GC10 Exam as PDF & Practice Test Engine

Exam Code/Number: N16599GC10
Exam Name/Title: Oracle NetSuite Financial User
Certification Provider: Oracle
Corresponding Certification: NetSuite Exams

Exam Questions: 87
Updated On: Jul 04, 2026

Question #1

What is true about approving Journal Entries?

A. Journal Entries post to the general ledger while pending approval

B. The posting period is based upon the journal entry creation date, rather than the approval date

C. Approve Journals permission allows you to see all journals in all subsidiaries

D. Approving Journal Entries requires a separate permission from Creating Journal Entries

Discussion 0

Correct Answer: D Vote an answer

Question #2

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

A. Invoices can be created without reference to a Sales Order.

B. The Electronic Invoicing SuiteApp allows sending of individual invoices or batches.

C. Multiple Sales Orders can generate one Invoice.

D. Invoices can be assigned to Sales Orders after the Invoice has been created.

Discussion 0

Correct Answer: A,B Vote an answer

Question #3

How can an Expense Allocation Schedule be set up to dynamically recalculate weighting each time it is applied?

A. Predefine the weighting when setting up the schedule

B. Click the Update Sample Weights button.

C. Use a statistical account

D. Use custom segments

Discussion 0

Correct Answer: A Vote an answer

Question #4

What is the order of steps for the NetSuite standard accounts receivable process?

A. Approve Sales Order > Bill Sales Order > Fulfill Sales Order

B. Fulfill Sales Order > Approve Sales Order > Bill Sales Order

C. Bill Sales Order > Approve Sales Order > Fulfill Sales Order

D. Approve Sales Order > Fulfill Sales Order > Bill Sales Order

Discussion 0

Correct Answer: D Vote an answer

Question #5

Which statement is true about recording customer payments?

A. Electronic payments SuiteApp is required to record customer payments by credit card

B. Accept Customer Payment offsets Accounts Receivable posting

C. Undeposited Funds is not necessary if all your customers pay by credit card.

D. Customer payments must match paid invoices 1:1

Discussion 0

Correct Answer: D Vote an answer

Question #6

Which are 2 elements unto to setting up financial sections in NetSuite financial report? (Choose 2)

A. Each financial section has its own header and summary row

B. custom sections are restricted to one account type

C. formula rows calculate from the row immediately above

D. Each section can be customized to have multiple account types

Discussion 0

Correct Answer: A,D Vote an answer

Question #7

Which expense allocation use case requires the use of statistical accounts?

A. static division of rent-based location

B. predefined split of marketing costs among sales channels

C. even 50/50 split of receptionist salary based on department

D. Division of recruiting based upon headcount

Discussion 0

Correct Answer: D Vote an answer

Question #8

Which two options are possible to set in NetSuite? (Choose Two)

A. Prevent fulfillment of a Sales Order for Customers over their Credit Limit

B. Prevent Sales Orders being entered for Customers over their credit limit

C. Allow Sales orders for customers over their credit limit, but show a warning to the person entering the order

D. Allow Estimates/Quote for customers over their Credit Limit but show a warning to the person entering the order.

Discussion 0

Correct Answer: B,C Vote an answer

Question #9

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

A. Budgets can use statistical accounts

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

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

D. Budgets set to "Enforce" prevent overspending.

Discussion 0

Correct Answer: A,C Vote an answer

Free N16599GC10 Questions for Oracle NetSuite Financial User N16599GC10 Exam as PDF & Practice Test Engine

Download Free Oracle N16599GC10 Demo