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Exam NetSuite ERP Consultant All Questions

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Exam NetSuite ERP Consultant topic 1 question 8 discussion

Actual exam question from NetSuite's NetSuite ERP Consultant
Question #: 8
Topic #: 1
[All NetSuite ERP Consultant Questions]

Which statement is true when creating Statistical Accounts?

  • A. The Unit Type field can be changed after saving a Statistical Account.
  • B. The Include Children checkbox is greyed out when selecting Subsidiaries for a Statistical Account.
  • C. A Statistical Account is debit positive and not excluded from foreign currency translation.
  • D. Currency-specific fields do not display when creating a Statistical Account.
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Suggested Answer: D 🗳️

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NetSuiteDragon
3 months, 1 week ago
Selected Answer: D
D is the right answer. C cant be right coz a statistical account is always debit positive and is always excluded from foreign currency transaction. Refer https://suiteanswers.custhelp.com/app/answers/detail/a_id/36449
upvoted 1 times
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lauranetsuite
5 months, 1 week ago
Selected Answer: D
D is correct "A statistical account is always debit positive, and is always excluded from foreign currency translation. You create a statistical account the same way you create other accounts. Currency-specific fields do not display when you create a statistical account because they are irrelevant for non-monetary accounts" https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/section_3861062326.html#Creating-Statistical-Accounts
upvoted 2 times
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testtaker6472
1 year, 1 month ago
Selected Answer: D
D is correct
upvoted 1 times
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KayMens
1 year, 5 months ago
Selected Answer: C
Answer: C
upvoted 1 times
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RenataW
1 year, 7 months ago
Selected Answer: D
as per Help - A statistical account is always debit positive, and is always excluded from foreign currency translation.
upvoted 2 times
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