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

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

Question #: 18
Topic #: 7

[All NetSuite-Financial-User 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

7 months 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

7 months ago

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

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Pearly

7 months ago

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

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Rueben

7 months 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

7 months 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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Tammara

6 months ago

I like the idea of being able to plan for different situations with multiple budgets.

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Temeka

6 months ago

It definitely gives us more control over our finances.

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Tanja

7 months ago

I think it's great that we can customize our budgets to fit our needs.

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Louvenia

7 months ago

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

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Luann

7 months ago

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

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Basilia

8 months 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

7 months ago

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

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Daisy

7 months ago

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

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