NetSuite Exam NetSuite-Financial-User Topic 9 Question 9 Discussion

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

Question #: 9
Topic #: 9

[All NetSuite-Financial-User Questions]

Which two statements are true about budgets in NetSuite? (Choose two.)

ABudgets can use statistical accounts

BBudgets set to 'Enforce' prevent overspending.

CGlobal budget amounts may fluctuate when viewed in root parent currency.

DLocal budget amounts may fluctuate when consolidated to parent subsidiary view.

Show Suggested Answer

Suggested Answer: A, D

by Xenia at May 22, 2024, 11:20 PM

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Rory

6 months ago

A and B are the way to go. Statistical accounts and enforced budgets - sounds like a recipe for financial discipline to me!

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Louis

6 months ago

D is definitely true. Local budget amounts can fluctuate when consolidated to the parent subsidiary view.

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Moira

5 months ago

I think B is also true. Budgets set to 'Enforce' prevent overspending.

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Bernadine

5 months ago

D) Local budget amounts may fluctuate when consolidated to parent subsidiary view.

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Belen

5 months ago

A) Budgets can use statistical accounts

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Jesusita

5 months ago

D is correct. Local budget amounts can fluctuate when consolidated to the parent subsidiary view.

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Marisha

6 months ago

Yes, that's right. Another true statement is that budgets set to 'Enforce' prevent overspending.

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Jacqueline

6 months ago

D is correct. Local budget amounts can fluctuate when consolidated to the parent subsidiary view.

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Catarina

7 months ago

B and C seem like the correct answers. Budgets that enforce prevent overspending, and global budget amounts can fluctuate when viewed in the parent currency.

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Elsa

6 months ago

Absolutely, it helps to manage finances effectively.

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Barbra

6 months ago

Yes, it's important to have control over budget limits.

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Leota

6 months ago

That makes sense, budgets should definitely prevent overspending.

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Rueben

6 months ago

So, the correct answers are B and C.

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Sylvia

6 months ago

I agree, C is also true because global budget amounts may fluctuate when viewed in the parent currency.

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Golda

7 months ago

I think B is correct because budgets set to 'Enforce' prevent overspending.

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