Practice ERP-Consultant Exam Online

Question 1

Which statement is true about Drop Ship and Special Order items?

A : Can be used for Non-Inventory items for Resale and Inventory items.

B : Items can be marked as both Drop Ship and Special Order,

C : Vendor ships items to customer’s address.

D : Impact Asset and Cost of Goods Sold (COGS) accounts upon item receipt and fulfillment.

Answer: A

Question 2

Which statement is true about item pricing?

A : Item pricing only uses Custom Pricing.

B : Item pricing may be set per Item Class.

C : Item pricing may be imported via CSV.

D : Item pricing may be set per Customer Category.

Answer: C

Question 3

What is the purpose of Consolidated Exchange Rates? (Choose two.)

A : Consolidated Exchange Rates are used to set up Balance Sheet Accounts.

B :

Consolidated Exchange Rates ensure that currency amounts translate properly from child to parent subsidiaries.

C : Consolidated Exchange Rates are used for reporting purposes.

D : Consolidated Exchange Rates are used only when setting up transaction currencies.

E : Consolidated Exchange Rates are used for currency conversion.

Answer: B,C

Question 4

Using the Inbound Shipment Management feature, what related transaction or transactions recognize inventory?

A : Ownership Transfer

B : Vendor Bill

C : Inbound Shipment

D : Purchase Order

Answer: B

Question 5

A user is trying to bill a Purchase Order for Item A (with a Quantity of 50) and the status is Pending Receipt. However, the Bill button does not appear on the Purchase Order. Only the Receive button shows. Which statement explains this behavior?

A : The Bill button only appears on Purchase Orders with billing terms.

B : The Bill in Advance of Receipt preference should be enabled.

C : The Advanced Billing feature should be enabled.

D : The Allow Overage on Item Receipt preference should be enabled.

Answer: B

Name:	NetSuite ERP Consultant
Exam Code:	ERP-Consultant
Certification:	NetSuite ERP
Vendor:	NetSuite
Total Questions:	157
Last Updated:	Apr 22, 2024

NetSuite ERP-Consultant