NetSuite Exam NetSuite-Financial-User Topic 4 Question 14 Discussion

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

Question #: 14
Topic #: 4

[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 Bambi at Jul 18, 2024, 02:07 AM

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Brianne

3 months ago

I'm pretty sure the correct answer is the Balance Sheet. It's the financial report that shows the big picture of the company's financial health. Unless, of course, the company is run by a bunch of magicians who can hide the current assets in their top hats!

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Han

2 months ago

It's like a financial magic trick, but without the top hats!

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Nydia

2 months ago

Yes, the Balance Sheet provides a snapshot of the company's financial position at a specific point in time.

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Lajuana

2 months ago

I think you're right, the Balance Sheet is the report that shows the total value of current assets.

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Pura

3 months ago

The General Ledger? Really? That's like an accountant's secret diary, not a report for the rest of us. Let's keep it simple and go with the Balance Sheet.

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Vallie

3 months ago

The Cash Flow Statement! It's like a roadmap for the company's cash movements, so it should have the total value of current assets.

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Merissa

2 months ago

D) Cash Flow Statement

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Catalina

2 months ago

C) Profit and Loss / Income Statement

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Madalyn

2 months ago

B) General Ledger

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Mertie

2 months ago

D) Cash Flow Statement

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Doretha

2 months ago

A) Balance Sheet

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Erick

3 months ago

A) Balance Sheet

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Felix

3 months ago

Yeah, I think A) Balance Sheet is the correct answer.

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Marjory

3 months ago

Cash Flow Statement shows the movement of cash, not the total value of current assets.

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Noah

3 months ago

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

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Cyril

3 months ago

Hmm, I think the Profit and Loss Statement would show the total value of current assets. After all, it's the report that tracks the company's income and expenses, right?

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Nickolas

3 months ago

The General Ledger might also have information on the total value of current assets.

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Dewitt

3 months ago

I believe it's the Cash Flow Statement that includes the total value of current assets.

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Henriette

3 months ago

I think it's actually the Balance Sheet that shows the total value of current assets.

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Cortney

4 months ago

The Balance Sheet, of course! It's the financial report that captures the company's assets, liabilities, and equity. How else would you know the total value of current assets?

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