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Oracle NetSuite ERP Consultant Professional Sample Questions (Q68-Q73):
NEW QUESTION # 68
What are two (2) advantages of using the Inbound Shipment Management Tool? (Choose two.)
- A. Users can create a single Item Receipt for all Purchase Order in an Inbound Shipment.
- B. Ship to several addresses using different shipping methods on the same transaction.
- C. Apply landed costs to an entire shipment rather than individual item receipts.
- D. Drop Shipment for a Purchase Order is supported.
- E. Accounts for in-transit inventory and status across an organization.
Answer: C,E
NEW QUESTION # 69
One item on a Return Authorization is damaged and will not be added back into Inventory.
Which Accounting PReference: needs to be enabled to process the Return Authorization?
- A. Enforce Minimum Quantity on Return Authorizations
- B. Allow Overage on Item Receipts
- C. Credit in Advance of Vendor Return
- D. Write-Off Account for Returns
Answer: A
NEW QUESTION # 70
Identify the steps for valuing an inventory item using the Standard Cost Costing method?
1. Rollup Standard Costs.
2. Enter Standard Cost at sublist level.
3. Revalue inventory and update Standard Costs.
- A. 2, 1, 3
- B. 3, 1, 2
- C. 2, 3, 1
- D. 1, 3, 2
Answer: A
NEW QUESTION # 71
Which inventory transaction is used to update the Quantity and Cost of a Lot-Numbered Item?
- A. Reallocate Items
- B. Transfer Inventory
- C. Inventory Worksheet
- D. Inventory Adjustment
Answer: D
NEW QUESTION # 72
An item has Alternate Price 1 and Alternate Price 2 defined.
If there are no price levels assigned on a Customer record, which price level will be used on Sales Orders?
- A. Alternate Price 2
- B. Custom Price
- C. Base Price
- D. Alternate Price 1
Answer: D
NEW QUESTION # 73
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