Free Practice Questions for Oracle N16302GC10 Exam

Question 1

The user changes the item rate on an existing Blanket Purchase Order.

Which statement is true?

ANew linked Purchase Orders created from the Blanket Purchase Order will reflect the new rate.

BThe total value of the Blanket Purchase Order shown in the Summary window reflects the average of the old and new rates.

CAny linked Purchase Orders are updated with the new rate.

DThe total value of the Blanket Purchase Order shown in the Summary window reflects the old rate.

Correct Answer: A. New linked Purchase Orders created from the Blanket Purchase Order will reflect the new rate.

Question 2

Which action allows you to view a custom field on the header level of a transaction record?

AAssign the custom field to the first subtab.

BOnce created, the custom field automatically displays on the header level.

CAssign the custom field to the Header subtab.

DLeave custom field's subtab blank.

EAssign the custom field to the Main subtab.

Correct Answer: A. Assign the custom field to the first subtab.

Question 3

Which accounting impacts result from building an assembly? (Choose two.)

AIncrease Asset accounts of the Assembly item's components

BDecrease Asset accounts of the Assembly item's components

CDecrease Cost of Goods Sold account of the Assembly Item

DIncrease Cost of Goods Sold accounts of the Assembly item's components

EIncrease Asset account of the Assembly Item

Correct Answer: C. Decrease Cost of Goods Sold account of the Assembly Item; E. Increase Asset account of the Assembly Item

Question 4

A company is using the Multiple Currencies feature.

Which account type allows Revalue Open Balance for Foreign Currency Transactions?

ACost of Goods Sold

BIncome

CExpense

DOther Current Asset

Correct Answer: B. Income

Question 5

A company reduces overhead by not keeping stock of Item A at their warehouse. When a customer generates a Sales Order for Item A, the company generates a linked Purchase Order to a preferred vendor and can only fulfill the order upon receiving the item receipt.

Which item type meets the company's requirements?

ANon-Inventory Item for Sale

BDrop Ship item

CNon-Inventory Item for Resale

DSpecial Order item

Correct Answer: A. Non-Inventory Item for Sale

Question 6

Which inventory transaction is used to update the Quantity and Cost of a Lot-Numbered Item?

AInventory Adjustment

BReallocate Items

CInventory Worksheet

DTransfer Inventory

Correct Answer: A. Inventory Adjustment

Question 7

What checkbox must be cleared to import mid-life asset records?

AWrite-down using Depreciation Account

BAllow Asset Value Editing

CRun Server Scripts on CSV Import

DAllow Future-dated Depreciation

Correct Answer: C. Run Server Scripts on CSV Import

Question 8

Which statement determines if NetSuite maintains a list of consolidated exchange rates?

AMultiple subsidiaries are created with the same currency.

BBudget exchange rates must be maintained.

CNetSuite OneWorld is implements with multiple base currencies.

DThe Multiple Currencies feature is turned on.

Correct Answer: C. NetSuite OneWorld is implements with multiple base currencies.

Question 9

Which statement is true regarding the import process of uploading CSV Templates?

ATax rates and Status can be overridden when uploading data via CSV templates.

BAll record types support CSV data imports using the Multiple Files To Upload functionality.

CThe Created From field can be set and overridden using CSV Imports.

DData Sets in CSV templates can be imported using column delimiters of Comma, Semicolon, Tab and Space.

Correct Answer: D. Data Sets in CSV templates can be imported using column delimiters of Comma, Semicolon, Tab and Space.

Question 10

A user created a Saved Search to generate a list of all company employees and their departments. When viewing the results, the user would also like add the ability to see the results according to Department, without having to always edit the search.

What will achieve this?

AOn the Criteria tab, add Department as a Standard Filter.

BOne the Audience tab, highlight the chosen Departments.

COn the Available Filters tab, add Department as a filter then select Show in Filter Region.

DOn the Results tab, add Department as a Column field, then set the Sort By field as Department.

Correct Answer: D. On the Results tab, add Department as a Column field, then set the Sort By field as Department.