NetSuite Exam NetSuite-Financial-User Topic 7 Question 18 Discussion

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

Question #: 18
Topic #: 7

[All NetSuite Financial User Certification Questions]

Which statement is true about NS budgets?

AMultiple budgets can be created for same year and criteria

BBudgets must be answered manually

CBudgets can only be created for income and expense accounts

DBudget Hold setting for expense accounts will prevent overspending

Show Suggested Answer

Suggested Answer: A

by Justa at Sep 17, 2024, 02:06 AM

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Cammy

12 days ago

I'm not sure, but I think D) Budget Hold setting for expense accounts will prevent overspending makes sense too.

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Emile

19 days ago

C is just too restrictive. Budgets should be able to cover more than just income and expense accounts.

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Pearly

20 days ago

I agree with Luann, because having multiple budgets allows for better tracking and planning.

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Rueben

20 days ago

Haha, 'Budgets must be answered manually' - that's a good one! But I'll have to go with D on this one.

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Iola

25 days ago

Option A seems like the way to go. Having the flexibility to create multiple budgets for the same year could be really useful.

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Louvenia

2 days ago

I agree, having multiple budgets for the same year can help with different scenarios.

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Luann

26 days ago

I think the correct answer is A) Multiple budgets can be created for same year and criteria.

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Basilia

28 days ago

I think option D is correct. The Budget Hold setting is a great feature to prevent overspending on expense accounts.

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Rodolfo

13 days ago

Yes, it's a useful feature to ensure we stay within budget limits.

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Daisy

17 days ago

I agree, the Budget Hold setting is really helpful to control expenses.

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