ERP-Consultant Practice Online

Question 1

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, 3, 1

B : 3, 1, 2

C : 1, 3, 2

D : 2, 1, 3

Answer: D

Question 2

An inventory manager is trying to upload assembly items for the first time using the Multiple Files to Upload preference; however, they keep getting the error “Please Select member items before submitting.”

How might the inventory manager troubleshoot the error?

A : Ensure that the item form is not set to Inactive when performing the import.

B : Ensure that member items values are greater than 1 in the Quantity field.

C : Review the mapping so that linked columns match correctly in the import.

D :

Review Data Handling options and ensure that it is set to Update.

Answer: C

Question 3

Which statement is true about item pricing?

A : Item pricing only uses Custom Pricing.

B : Item pricing may be set per Item Class.

C : Item pricing may be imported via CSV.

D : Item pricing may be set per Customer Category.

Answer: C

Question 4

Which statement is true about Drop Ship and Special Order items?

A : Can be used for Non-Inventory items for Resale and Inventory items.

B : Items can be marked as both Drop Ship and Special Order,

C : Vendor ships items to customer’s address.

D : Impact Asset and Cost of Goods Sold (COGS) accounts upon item receipt and fulfillment.

Answer: A

Question 5

When creating Matrix Items, which field lists are used to populate the Matrix Item Name Template? (Choose two.)

A : Insert Item Attribute

B : Insert Matrix Option

C :

Insert Item Option

D :

Insert Item Properties

Answer: A,B

Name:	NetSuite ERP Consultant
Exam Code:	ERP-Consultant
Certification:	NetSuite ERP
Vendor:	NetSuite
Total Questions:	157
Last Updated:	Apr 22, 2024

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