Question 1 of 25

All of the following are true statements about NetSuite's Fixed Assets Management except:

Allows for customized user-defined depreciation methods.

Can track depreciating and non-depreciating company assets.

Calculates amortization for intangible assets.

Provides comprehensive reporting across assets, valuation and depreciation.

Allows for the creation of assets from purchase orders.

Question 3 of 25

Assume that you are a customer of a bank. When interest is credited to your savings account at your bank, it is called a:

calculation

function

decision

process

Transaction

Question 6 of 25

Which of the following statements is false?

According to a survey by Constellation Research, 69% of global enterprises are opting for two-tier ERP systems.

In 2012, NetSuite was the fastest growing financial management system vendor in the world.

NetSuite SuiteCommerce is used by the Girl Scouts organization.

NetSuite's Visual Analytics functionality allows you to transform data into histograms and waterfall charts.

NetSuite OneWorld is used by Qualcomm for business management in its emerging markets operations.

Question 11 of 25

The most basic element of useful data in the database is:

the key

the record

the file

none of these answers are correct

the attribute

Question 12 of 25

Which of the following statements is false?

Invoices are prepared after the goods have been shipped and the sales order notification has been matched to the shipping's billing notification when a company is using a pre-billing system.

In the Order Entry and Sales process, a control plan that tells the customer service representative that the order has been accepted is called Confirm Input Acceptance.

None of these answers are correct.

In the E-R diagram for OE/S, SALES_ORDERS activates the STOCK_PICK.

In financial systems processing, the acronym ACH stands for automated clearing house.