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Actual exam question from NetSuite's Financial User
Question #: 1
Topic #: 1
[All Financial User Questions]

Which three statements are true about using Parent Accounts in NetSuite? (Choose three.)

  • A. Checking the Summary box on the account record prevents anyone from posting activity to the account.
  • B. Parent accounts can be posting or non-posting.
  • C. Checking the Summary box allows the posting of reversing journal entries to this account.
  • D. Parent accounts are created by setting the "Parent of" field.
  • E. Child accounts are created by setting the ''Subaccount of'' field.
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Suggested Answer: ADE 🗳️
by Skay0000 at Jan. 6, 2025, 4:38 p.m.

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Skay0000
2 weeks, 2 days ago
Selected Answer: ABE
From my understanding, ABE should be the correct answers.
upvoted 1 times
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