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Exam SuiteFoundation Certification Exam topic 1 question 9 discussion

Actual exam question from NetSuite's SuiteFoundation Certification Exam
Question #: 9
Topic #: 1
[All SuiteFoundation Certification Exam Questions]

Which statement explains why an inactive classification still appears in Financial Reports?

  • A. The Administrator customized the report using the Financial Report Builder to include the inactive classification.
  • B. The accounting preference Include Inactive Classifications is checked.
  • C. Inactive classifications still appear to provide historical reporting and to avoid unbalanced totals.
  • D. Inactive classifications show, but with the identifier (Inactive).
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️

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Chosen Answer:
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Uday59
3 months, 2 weeks ago
Selected Answer: C
C is correct
upvoted 1 times
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mdd95
4 months, 4 weeks ago
Selected Answer: C
https://www.netsuiterp.com/2019/02/inactive-categories-department-class.html
upvoted 1 times
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Khurram_jamill
8 months, 4 weeks ago
correct answer is C https://www.netsuiterp.com/2019/02/inactive-categories-department-class.html
upvoted 1 times
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jmartens
9 months ago
Selected Answer: C
Believe the correct answer is C Inactive categories (Departments / Classes /Locations, Subsidiaries) are available in reports to provide historical reporting and to avoid unbalanced totals https://www.netsuiterp.com/2019/02/inactive-categories-department-class.html
upvoted 2 times
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Cfreitas751
11 months ago
Answer ID: 37130 Applies To: Product: NetSuite 2023.1 Scenario When viewing financial reports such as a Trial Balance, inactive account are still visible. Solution This is intended so that the total debits and credits of the report will balance. If the account is set to inactive and it does not appear in the report, its matching debit or credits will cause a discrepancy between the balances. No action is needed.
upvoted 2 times
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Aisha22
11 months ago
Selected Answer: C
Inactive classifications are included to avoid unbalanced totals, but can be filtered out using the report builder. Also there is no tick box: Include Inactive classifications in the accounting preferences. Question is looking at why the inactive classification still appears.
upvoted 2 times
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MrHussain
11 months, 3 weeks ago
Correct answer is C, suite article ref. 28907 To provide historical reporting and to avoid unbalanced totals, inactive categories (Departments / Classes /Locations, Subsidiaries) are still available in reports.
upvoted 2 times
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applerod
12 months ago
I think the answer is D
upvoted 1 times
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