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NetSuite ERP Consultant Exam (Q/A)
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NetSuite ERP Consultant Exam (Q/A)
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NetSuite ERP Consultant Exam (Q/A)role record - restricting access on a ___________
- affects ALL users with that role
- restricts access to transaction, employee, partner based on their assigned
department values
none no default - - no restrictions on what can be selected
- record access is NOT determined by this field
- default selection does NOT appear
none - default to own - - no restrictions on what can be selected
- record access is NOT determined by this field
- user will be selected by default
own, subordinate, and unassigned - - users are restricted when
selecting any of the employee, sales rep, or supervisor fields
- users are granted access to records belonging to their supervisor hierarchy
- Users may only select themselves or their subordinates
- If the select field is optional, then the user may leave the value unassigned
(null)
own and subordinates only - - users are restricted when selecting any of
the employee, sales rep, or supervisor fields
- users are granted access to records belonging to their supervisor hierarchy
with the exception of unassigned records
- Users may only select themselves or their subordinates
restriction access levels - - none no default
- none default to own
- own, subordinate, and unassigned
- own and subordinates only
class - Any account in the Chart of Accounts list that does not have an
assigned _________ is not subject to the own, subordinate, and unassigned or
own and subordinates only restrictions
, year-end closing - - process which prevents users from posting entries
to the subledgers and general ledger
- facilitates transfer of net income and retained earnings (company)/owners
equity (proprietorship)
net income and retained earnings - the year end closing process
facilitates the transfer of ______________ and ____________
automatic closing - - recommended method
- complete tasks in period close checklist and subsequently closing period, net
income will be reflected in the amount of Retained Earning on the balance
sheet
- no manual entries required
manual close - involves creating manual journal entries to close income
and expense accounts to retained earnings
income statements - under a manual close, zeroing out the income and
expense accounts will prevent viewing _____________ for prior periods
retained earnings - Net Income is reflected in the amount of __________ on
the balance sheet
net income - ___________________ is reflected in retained earnings on the
balance sheet
BS - Net Income is reflected in retained earnings on the _______
period close checklist - needs to be completed to complete an automatic
close
period end journal entries - this feature allows users to zero out
nominal accounts in the period end so that balances do not get carried
forward into beginning balances of the next fiscal year
account balances - the Period End Journal Entries feature automates the
creation of period end journals to close Income Statement _______________ at the
end of a subsidiaries' fiscal year
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