NetSuite Exam NetSuite-Financial-User Topic 5 Question 12 Discussion

Actual exam question for NetSuite's NetSuite-Financial-User exam

Question #: 12
Topic #: 5

[All NetSuite-Financial-User Questions]

Which report shows the total value of current assets?

ABalance Sheet

BGeneral Ledger

CProfit and Loss / Income Statement

DCash Flow Statement

Show Suggested Answer

Suggested Answer: A

by Deandrea at Jun 29, 2024, 07:30 PM

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Benton

5 months ago

Well, at least they didn't include 'the kitchen sink' as an option. That would have been too easy!

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Lillian

4 months ago

C) Profit and Loss / Income Statement

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Linette

4 months ago

I think it's A) Balance Sheet.

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Douglass

4 months ago

A) Balance Sheet

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James

4 months ago

D) Cash Flow Statement

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Arleen

4 months ago

C) Profit and Loss / Income Statement

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Louvenia

4 months ago

A) Balance Sheet

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Golda

5 months ago

The General Ledger? Really? I think the person who wrote this question needs to go back to Accounting 101.

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Nan

5 months ago

Hmm, the Cash Flow Statement is about cash movement, not asset values. I'll go with A.

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Evangelina

5 months ago

I believe it's A) Balance Sheet because it provides a snapshot of a company's financial position at a specific point in time.

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Hyun

5 months ago

I always mix up the Balance Sheet and the Income Statement. This one's tricky!

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Justine

4 months ago

The Income Statement shows the total value of current assets.

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Louvenia

4 months ago

C) Profit and Loss / Income Statement

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Leandro

4 months ago

I always get confused between the Balance Sheet and the Income Statement too!

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Stanton

4 months ago

A) Balance Sheet

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Tess

4 months ago

C) Profit and Loss / Income Statement shows the company's revenue and expenses.

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Chaya

4 months ago

A) Balance Sheet shows the total value of current assets.

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Annabelle

5 months ago

I'm not sure, but I think it could also be D) Cash Flow Statement.

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Jerry

5 months ago

I agree with Sheridan, Balance Sheet shows the total value of current assets.

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Sheridan

5 months ago

I think the answer is A) Balance Sheet.

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Nobuko

6 months ago

The Balance Sheet definitely shows the total value of current assets. Easy choice!

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Alesia

5 months ago

B) General Ledger

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Jesus

5 months ago

That's correct! The Balance Sheet shows the total value of current assets.

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Viola

5 months ago

A) Balance Sheet

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