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Oracle N16599GC10 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Financial Reports and KPIs: This section of the exam measures the skills of Financial Reporting Analysts and covers building and interpreting financial reports using NetSuite Financial Report Builder Interface. It focuses on understanding how transactions impact reports and how to track financial performance through key performance indicators (KPIs).
Topic 2
  • Journal Entries: This section of the exam measures the skills of General Ledger Accountants and covers the creation and management of journal entries. It includes differentiating between elimination and intercompany journal entries and understanding their setup and use within NetSuite financial structure.
Topic 3
  • Subsidiaries, Classifications, Chart of Accounts: This section of the exam measures skills of Financial Systems officers and covers understanding subsidiaries, their types, and their role in financial management within NetSuite. It includes knowledge of classifications such as departments, classes, and locations, and how they affect transactions and reporting. Candidates are also assessed on managing the chart of accounts, setting account types, and applying access restrictions appropriately.
Topic 4
  • Budgeting: This section of the exam measures the skills of Financial Planning Analysts and focuses on creating and reporting budgets in NetSuite. It evaluates the ability to develop accurate financial forecasts and use built-in budgeting tools to support business planning and reporting.
Topic 5
  • Accounts Payable: This section of the exam measures skills of Accounts Payable Specialists and covers the NetSuite accounts payable process. It includes setting up vendor records, creating purchase orders, processing bills, and executing vendor payments. Candidates are evaluated on their ability to manage payables efficiently within standard NetSuite workflows.
Topic 6
  • Expense Allocations: This section of the exam measures the skills of Cost Accountants and covers setting up and managing expense allocations in NetSuite. It includes distinguishing between fixed and dynamic allocation modes and applying them effectively to distribute costs across departments or subsidiaries.

Reference: https://education.oracle.com/oracle-netsuite-financial-user/pexam_N16599GC10

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Oracle NetSuite Financial User Sample Questions:

Which expense allocation use case requires the use of statistical accounts?

  • A. Division of recruiting based upon headcount
  • B. static division of rent-based location
  • C. predefined split of marketing costs among sales channels
  • D. even 50/50 split of receptionist salary based on department
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

A sales order should be billed when certain key project tasks have been completed

  • A. fixed bid milestone
  • B. time and material
  • C. charge based
  • D. standard
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

which two settings are needed for billable items to appear on the customer invoice (choose 2)

  • A. invoice number
  • B. customer
  • C. memo
  • D. billable checkbox
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

Which three steps are required to prevent someone from accessing some accounts but not others?

  • A. Tag the Employee record to Department | Class | Location
  • B. Use the NetSuite default standard role
  • C. Designate Department | Class | Location on the account
  • D. Customize the role to restrict access by segment
  • E. Assign a Currency to the account
Reveal Solution  Discussion  0

Correct Answer: A,C,D  🗳️

Which two statements are true about Vendors in a One World account? (Choose two.)

  • A. There is one Credit Limit value per Vendor.
  • B. Vendors can only be assigned to one subsidiary.
  • C. Vendors can have multiple currencies.
  • D. Vendors can be assigned to multiple subsidiaries.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

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