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Quiz 2026 N16599GC10: Marvelous Oracle NetSuite Financial User Valid Test Camp

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Quiz 2026 N16599GC10: Marvelous Oracle NetSuite Financial User Valid Test Camp

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Oracle N16599GC10 Exam Syllabus Topics:
TopicDetails
Topic 1
  • Expense Allocations: This section of the exam measures the skills of Cost Accountants and covers setting up and managing expense allocations in NetSuite. It includes distinguishing between fixed and dynamic allocation modes and applying them effectively to distribute costs across departments or subsidiaries.
Topic 2
  • Billing Schedules: This section of the exam measures skills of Billing Analysts and covers the configuration and use of billing schedules in NetSuite. It focuses on creating, managing, and applying billing schedules accurately to automate recurring invoicing and streamline the billing process.
Topic 3
  • Banking and Payment Processing: This section of the exam measures skills of Treasury Analysts and covers managing default banking transactions in NetSuite. It involves setting up cash and bank accounts, processing payments, and reconciling monthly bank and credit card statements. The focus is on maintaining accuracy and compliance in financial reconciliation.
Topic 4
  • Financial Reports and KPIs: This section of the exam measures the skills of Financial Reporting Analysts and covers building and interpreting financial reports using NetSuite Financial Report Builder Interface. It focuses on understanding how transactions impact reports and how to track financial performance through key performance indicators (KPIs).
Topic 5
  • Period and Year-End Close: This section of the exam measures the skills of Accounting Managers and covers best practices for closing accounting and tax periods in NetSuite. It includes managing multiple subsidiaries, handling separate fiscal calendars, and ensuring accurate and compliant financial closure processes.

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Oracle NetSuite Financial User Sample Questions (Q33-Q38):NEW QUESTION # 33
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 be assigned to multiple subsidiaries.
  • C. Vendors can have multiple currencies.
  • D. There is one Credit Limit value per Vendor.
Answer: B,C

NEW QUESTION # 34
Which expense allocation use case requires the use of statistical accounts
  • A. Even 50/50 split of receptionist salary based on department
  • B. Division of recruiting based on headcount
  • C. Predefined split of marketing costs among sales channels
  • D. Static division of rent based on location
Answer: B

NEW QUESTION # 35
Which is recommended for setting up new accounting periods?
  • A. use one-day year end adjustment period for year-end closing journal entries to retained earnings
  • B. create accounting period one at a time to avoid multiple open periods
  • C. set up new year and new quarter at the beginning of the fiscal year
  • D. Use set-up full year to generate all periods at once for full year
Answer: D

NEW QUESTION # 36
Which 3 statements are true about parent accounts in NetSuite (choose 3)?
  • A. parent accounts can be posting or not posting
  • B. parent accounts are created by setting the "parent of" field
  • C. checking the summary box on the account record prevents anyone from posting activity to the account
  • D. child accounts are created by setting the subaccount of field
  • E. checking the summary box allows the posting of reversing journal entries to this account
Answer: C,D,E

NEW QUESTION # 37
When entering a journal, which two boxes must be used to reverse the journal entry next month, so that the reversal is not created until then? (Choose Two)
  • A. Memo
  • B. Reversal Date
  • C. Defer Entry
  • D. Do Not Post Until
  • E. Pending Approval
Answer: B,C

NEW QUESTION # 38
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