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NetSuite ERP Consultant Exam Sample Questions And Answers
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Question Number 154
Match the Revenue Recognition Feature with how it can be used.1. Revenue Commitment2. VSOE3. Revenue Recognition Schedule4. Revenue Recognition TemplateA. Shows list of Revenue Recognition Journal Entries to be generatedB. Allows auto-allocation of revenue across elements sold in a bundleC. Allows recognition of revenue before invoicingD. Allows definition of % of revenue to be recognized up front
3. Revenue Recognition Schedule - A. Shows list of Revenue Recognition Journal Entries to be generated2. VSOE - B. Allows auto-allocation of revenue across elements sold in a bundle1. Revenue Commitment - C. Allows recognition of revenue before invoicing4. Revenue Recognition Template - D. Allows definition of % of revenue to be recognized up front
✔ Correct Answer:
3. Revenue Recognition Schedule - A. Shows list of Revenue Recognition Journal Entries to be generated2. VSOE - B. Allows auto-allocation of revenue across elements sold in a bundle1. Revenue Commitment - C. Allows recognition of revenue before invoicing4. Revenue Recognition Template - D. Allows definition of % of revenue to be recognized up front
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