[NetSuite] SUITE-FOUNDATION - SuiteFoundation Certification Exam Exam Dumps & Study Guide

Free [NetSuite] SUITE-FOUNDATION - SuiteFoundation Certification Exam Practice Questions Preview

• Question 1

  An Administrator would like to track changes to the item quantity on a Sales Order. Which functionality would the Administrator use?

  • A. Line-Level Audit Trail for Transactions
  • B. Transaction Audit Trail
  • C. Transaction System Notes
  • D. Track Changes Option

  Correct Answer: A

  Explanation:

  The AI agrees with the suggested answer, A: Line-Level Audit Trail for Transactions.
  Reasoning: The question specifically asks about tracking changes to the item quantity on a Sales Order, and the Line-Level Audit Trail functionality is designed to track changes to individual line items within transactions. This allows administrators to see a history of changes made to the quantity of a specific item on a sales order.
  Reasons for not choosing the other options:

  • B. Transaction Audit Trail: While a Transaction Audit Trail can track overall changes to a transaction, it may not provide the detailed, line-level visibility needed to track changes to the item quantity.
  • C. Transaction System Notes: System Notes can record changes to a transaction, but it might not be as granular as tracking each line item individually. It is also not as easily accessible as the Line-Level Audit Trail.
  • D. Track Changes Option: This option is too generic and does not refer to a specific NetSuite functionality.

  The functionality of Line-Level Audit Trail directly addresses the requirement outlined in the question, making it the most appropriate choice.

  Citations:

  • NetSuite Help Center, https://netsuite.custhelp.com/ (Please note that you will need a NetSuite account to access specific articles)

• Question 2

  Which portlet displays summary data from reports or Saved Searches for selected date ranges, with options to show comparisons between date ranges and to highlight results not meeting defined thresholds?

  • A. Reports Snapshot
  • B. Key Performance Indicators
  • C. Account Reconciliation Summary
  • D. SMT Links

  Correct Answer: B

  Explanation:

  The AI assistant agrees with the suggested answer, which is B. Key Performance Indicators.
  
  Reasoning: The question describes a portlet that displays summary data from reports or Saved Searches for selected date ranges, with options to show comparisons between date ranges and to highlight results not meeting defined thresholds. The Key Performance Indicators (KPIs) portlet in NetSuite is designed precisely for this purpose. KPIs allow users to monitor and compare key business metrics over different time periods, and can be configured to highlight results that fall outside of specified thresholds.
  
  Reasons for not choosing other options:

  • A. Reports Snapshot: While Reports Snapshot does provide a snapshot of report data, it's not primarily designed for comparing data across different date ranges or highlighting threshold breaches in the same way that KPIs are.
  • C. Account Reconciliation Summary: This portlet is specific to account reconciliation processes and is not a general tool for displaying and comparing data from various reports or saved searches.
  • D. SMT Links: This option appears to be irrelevant to the question.

  • Key Performance Indicators - SuiteAnswers, https://netsuite.custhelp.com/app/answers/detail/a_id/73468/loc/en_US

• Question 3

  Which record is a non-posting transaction?

  • A. Retum Receipts
  • B. Credit Memo
  • C. Sales Order
  • D. Statement Charges

  Correct Answer: C

  Explanation:

  The AI agrees with the suggested answer.
  The suggested answer is C (Sales Order).
  Reasoning: Sales Orders are non-posting transactions. This means they do not directly affect the general ledger or accounting balances. They represent a commitment to fulfill an order but do not reflect an actual financial exchange until the order is fulfilled and invoiced.
  Reasons for eliminating other options:

  • Return Receipts: These transactions typically involve a reduction in revenue and inventory, thus impacting the general ledger.
  • Credit Memos: These are used to credit a customer's account, directly affecting accounts receivable and potentially sales revenue.
  • Statement Charges: These represent charges added to a customer's account, directly impacting accounts receivable.

  Citations:

  • NetSuite Order Management, https://www.netsuite.com/portal/resource/whitepaper/wp_ordermanagement.shtml

• Question 4

  Which statement is true about access levels for NetSuite permissions?

  • A. The Create access level allows editing records.
  • B. The Edit access level does not allow deleting records.
  • C. The Partial access level allows editing but not creating records.
  • D. The View access level does not allow printing records.

  Correct Answer: B

  Explanation:

  The AI agrees with the suggested answer, which is B. The Edit access level does not allow deleting records.
  
  Reasoning:
  Based on NetSuite's permission model, the Edit access level grants users the ability to modify existing records. However, it does not automatically include the privilege to delete records. Deletion typically requires a higher level of access or a specific Delete permission.
  
  The official NetSuite documentation states that different access levels grant different capabilities. The View access level allows users to see records but not modify them. The Create access level allows users to create new records. The Edit access level allows users to modify existing records but not delete them. Full access grants all privileges, including deletion.
  
  Reasons for not choosing the other options:

  • A. The Create access level allows editing records: This is incorrect because the Create access level primarily focuses on allowing users to create new records, not necessarily edit existing ones. Edit access is required to modify records.
  • C. The Partial access level allows editing but not creating records: There is no standard "Partial" access level in NetSuite. Access levels typically include None, View, Create, Edit, and Full.
  • D. The View access level does not allow printing records: This is incorrect. Users with at least View access can typically print records.

  In conclusion, the statement that "The Edit access level does not allow deleting records" is the most accurate description of NetSuite's permission behavior.

  • NetSuite Help Center: Role Permissions, https://netsuite.custhelp.com/app/answers/detail/a_id/74447/kw/permission%20access%20levels

• Question 5

  Which portlet shows a graphical representation of Key Performance Indicator (KPI) data?

  • A. Key Performance Indicators
  • B. KPI Meter
  • C. KPI Scorecard
  • D. Trend Graphs

  Correct Answer: B

  Explanation:

  The AI agrees with the suggested answer. The correct answer is B. KPI Meter.
  
  Reasoning:
  The KPI Meter portlet is specifically designed to display a graphical representation of Key Performance Indicator (KPI) data. It uses visual elements like dials or gauges to show the current value of a KPI in relation to its target or threshold, making it easy to understand performance at a glance.
  
  Reasons for not choosing other options:

  • A. Key Performance Indicators: This is a general term and not a specific portlet that provides a graphical representation.
  • C. KPI Scorecard: While a KPI Scorecard presents KPI data, it typically does so in a tabular format rather than a purely graphical one.
  • D. Trend Graphs: While Trend Graphs display data graphically, they are more focused on showing changes over time rather than the current status of KPIs compared to targets, which is the primary function of a KPI Meter.

• Question 6

  Which statement is true about customer credit memos and inventory items?

  • A. A credit memo created from a return authorization has no impact on inventory, however, a stand-alone credit memo does impact inventory.
  • B. A credit memo created from a return authorization reduces inventory quantity.
  • C. A credit memo created from a return authorization impacts inventory, while a stand-alone credit memo does not impact inventory.
  • D. A stand-alone credit memo reduces inventory quantity.

  Correct Answer: A

  Explanation:

  The AI agrees with the suggested answer A.
  Reasoning:
  A credit memo's impact on inventory depends on whether it's linked to a return authorization (RA). When a credit memo originates from an RA, the inventory has already been adjusted (reduced) during the return process. Therefore, the credit memo itself doesn't further affect inventory quantities. However, a standalone credit memo (not linked to a return) can impact inventory, primarily affecting the value of the inventory.
  Why other options are incorrect:

  • B: A credit memo created from a return authorization does *not* reduce inventory quantity because the return authorization process already handled the inventory reduction.
  • C: This is partially correct in that standalone credit memos *can* impact inventory (specifically value). However, it incorrectly states that a credit memo from an RA *does* impact inventory.
  • D: While a stand-alone credit memo *can* impact inventory value, it doesn't directly "reduce inventory quantity" in the same way a return does. A standalone credit memo typically corrects billing discrepancies that might indirectly affect inventory valuation, not the physical count.

  The reason for choosing option A is that it accurately reflects the differential impact of credit memos on inventory based on their origin (Return Authorization vs. Standalone).

  Citations:

  • NetSuite Credit Memos: https://netsuite.custhelp.com/app/answers/detail/a_id/74437/loc/en_US

• Question 7

  Which Source can automatically create Lead tecords?

  • A. Web Site
  • B. Chat
  • C. Campaigns
  • D. Email

  Correct Answer: C

  Explanation:

  The AI suggests that the answer is A. Web Site.
  The reasoning is that NetSuite web forms can automatically create Lead records when a visitor submits their information. This is a direct feature designed for lead generation.
  While Campaigns (C) can generate leads, it doesn't automatically create lead records in the same way a web form does; it requires setup and configuration to track responses and create records. Email (D) and Chat (B) also require further actions beyond the initial interaction to create a lead record. Therefore, Website is the most direct and automatic source for creating lead records.

  • NetSuite Help Center - Web Forms

  The AI disagrees with the suggested answer C.
  The reason for not choosing C is that campaigns, while effective for lead generation, require more setup to translate campaign responses into lead records. It's not as automatic as a web form.

  • NetSuite Help Center - Web Forms

• Question 8

  A user is trying to view a standard report in NetSuite. The report has been loading for three minutes. The user suspects that the slowness is caused by using a recently installed browser. Which of the following actions will confirm that the performance issue is caused by the browser or not?

  • A. Use the Application Performance Management to improve performance.
  • B. Run the same report in a different window while the original report is still running.
  • C. Double-click the Oracle NetSuite logo and look at Browser Time.
  • D. Log in to NetSuite using a different browser and check the report performance.

  Correct Answer: D

  Explanation:

  The AI agrees with the suggested answer (D).
  Reasoning: The core issue is isolating whether the user's browser is the source of the slow report loading. The most direct way to test this is to use a different browser to access NetSuite and run the same report. If the report loads quickly in the alternative browser, it strongly suggests the original browser is the cause of the performance problem. This method provides a clear and immediate comparison.
  Why other options are not the best:

  • Option A: Application Performance Management (APM) is a broader tool for identifying performance bottlenecks but does not isolate the browser as the cause. It's useful for overall performance tuning but not for this specific browser-related question.
  • Option B: Running the same report in a different window of the same browser won't isolate a browser-specific problem. If the browser itself is the issue, both windows will likely exhibit the same slowness.
  • Option C: Browser Time (accessed by double-clicking the NetSuite logo) can provide some insights into browser performance but isn't as conclusive as directly comparing performance across different browsers. Browser Time may show high usage, but it doesn't pinpoint whether the issue is unique to that specific browser installation or configuration.

  In summary, logging in with a different browser provides the most direct and effective method to determine if the browser is the source of the performance issue.

  Citations:

  • Identifying Browser Performance Issues, [No URL was provided in the discussion content.]

• Question 9

  Which statement explains why an inactive classification still appears in Financial Reports?

  • A. The Administrator customized the report using the Financial Report Builder to include the inactive classification.
  • B. The accounting preference Include Inactive Classifications is checked.
  • C. Inactive classifications still appear to provide historical reporting and to avoid unbalanced totals.
  • D. Inactive classifications show, but with the identifier (Inactive).

  Correct Answer: C

  Explanation:

  The AI agrees with the suggested answer C. The primary reason inactive classifications appear in financial reports is to maintain historical reporting accuracy and prevent unbalanced totals. If inactive classifications were completely removed, past financial data would be incomplete, leading to inaccurate comparisons and potentially skewed financial statements.

  
  

  Here's a breakdown of why the other options are less suitable:

  • A. While it's true that the Financial Report Builder allows customization, this is not the inherent reason inactive classifications appear. They appear by default, regardless of customization. Customization provides the option to *exclude* them, not include them.
  • B. There isn't a standard NetSuite accounting preference called "Include Inactive Classifications." This suggests that the functionality is built-in rather than controlled by a preference setting.
  • D. While inactive classifications *might* be identifiable in some reports, this isn't the fundamental reason they appear. Their presence is mainly about preserving historical data integrity. The identifier is a secondary visual cue.

  The following citation supports this reasoning:

  • NetSuite Help Documentation - Understanding Classifications: This documentation explains how classifications impact reporting and historical data. Unfortunately, a direct URL to a specific paragraph is not available, but searching NetSuite help for "Understanding Classifications" will provide supporting context.

• Question 10

  Mr. Boseman, a Sales Manager, wants to select another team’s sales rep in the Customer record, but he sees only his own subordinates in the list. Which option in the Custom Role page does he need to enable to select a sales rep outside his team?

  • A. Allow All Records
  • B. Do Not Restrict This Role by Device ID
  • C. Allow Cross-Subsidiary Record Viewing
  • D. Do Not Restrict Employee Fields

  Correct Answer: D

  Explanation:

  The AI agrees with the suggested answer D - Do Not Restrict Employee Fields.
  
  Reasoning:
  The question describes a scenario where a Sales Manager (Mr. Boseman) is unable to select sales representatives from outside of his own team in the Customer record. This restriction is likely due to role-based permissions limiting the visibility of employee records. The "Do Not Restrict Employee Fields" option in the Custom Role page controls whether a user can see all employees or only a subset (e.g., their subordinates). Enabling this option will allow Mr. Boseman to select any sales rep, regardless of team affiliation. This aligns with NetSuite's role-based access control and the intended functionality of this permission.
  
  Why other options are incorrect:
  

  • A. Allow All Records: This option grants access to all records in the system, which is broader than the specific need to select employees from different teams. It also may grant access to more information than desired.
  • B. Do Not Restrict This Role by Device ID: This option is related to device-based access restrictions and is not relevant to the issue of employee selection.
  • C. Allow Cross-Subsidiary Record Viewing: This option grants access to records across different subsidiaries and is not directly related to employee selection within a single subsidiary.