NetSuite Certification SuiteFoundation
Exam Preparation with Complete Solutions
30-Minute Lockout - ANS-If password is entered incorrectly 6 times.
Accounting Preferences - ANS-Set Up > Accounting > Accounting Preferences
Assembly/Bill of Materials - ANS-Assembly Items are manufactured by combining Raw
Materials in your stock, i.e. it is an inventory. Inventory for each raw material item will be
reduced individually as the inventory for the assembly item is increased, depending on
the quantity of each raw material used in the process.
Center - ANS-Role-specific collection of tabbed pages.
Create New Subsidiary - ANS-Set Up > Company > Subsidiaries > New
Dashboard - ANS-A visual workspace, with content relevant to user's job.
Forms - ANS-Enter, view and modify data in NetSuite
Item Group - ANS-Item groups are stocked and sold as one single unit but made up of
several different items. The Price of the item group is always dependant on the price of
its member items. Furthermore, Item Groups can contain both taxable and non-taxable
items, with sales tax on the item group being calculated based on the value of the
taxable member items.
Kit/Package - ANS-Similar to Item Groups, Kit/Package items are comprised of items
from your inventory, which are sold as one single unit. However, the difference in a
Kit/Package item is that its price is not dependant on the prices of its member items,
and can be assigned several price levels. When a Kit/Package Item is sold, inventory
records are updated for the individual members of the kit.
Landed Costs - ANS-Tracking Landed Costs allows you to track the total cost
associated with acquiring inventory. If you wish to be able to track location specific
expenses such as Customs duties or Freight Fees, checking the Track Landed costs
tick box under Purchasing/Inventory > Item/Cost Detail will enable this helpful feature.
Tracking Landed Costs will be useful when calculating the total cost of goods sold, and
any landed cost associated with the item will be added to the actual asset value of the
inventory item, allowing you to calculate profitability accurately.
List - ANS-People, Places and Things
Marketing Preferences - ANS-Set Up > Marketing > Marketing Preferences
