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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?

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Suggested Answer: A

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

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Benton
4 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
3 months ago
C) Profit and Loss / Income Statement
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Linette
3 months ago
I think it's A) Balance Sheet.
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Douglass
3 months ago
A) Balance Sheet
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James
3 months ago
D) Cash Flow Statement
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Arleen
3 months ago
C) Profit and Loss / Income Statement
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Louvenia
3 months ago
A) Balance Sheet
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Golda
4 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
4 months ago
Hmm, the Cash Flow Statement is about cash movement, not asset values. I'll go with A.
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Evangelina
4 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
4 months ago
I always mix up the Balance Sheet and the Income Statement. This one's tricky!
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Justine
3 months ago
The Income Statement shows the total value of current assets.
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Louvenia
3 months ago
C) Profit and Loss / Income Statement
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Leandro
3 months ago
I always get confused between the Balance Sheet and the Income Statement too!
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Stanton
3 months ago
A) Balance Sheet
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Tess
3 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
4 months ago
I'm not sure, but I think it could also be D) Cash Flow Statement.
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Jerry
4 months ago
I agree with Sheridan, Balance Sheet shows the total value of current assets.
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Sheridan
4 months ago
I think the answer is A) Balance Sheet.
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Nobuko
5 months ago
The Balance Sheet definitely shows the total value of current assets. Easy choice!
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Alesia
4 months ago
B) General Ledger
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Jesus
4 months ago
That's correct! The Balance Sheet shows the total value of current assets.
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Viola
4 months ago
A) Balance Sheet
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