Exam NetSuite ERP Consultant All QuestionsBrowse all questions from this exam
Question 8

Which statement is true when creating Statistical Accounts?

    Correct Answer: D

    Currency-specific fields do not display when creating a Statistical Account because statistical accounts are non-monetary. This makes currency-specific fields irrelevant in this context. Hence, the correct statement is that currency-specific fields are not displayed when creating a Statistical Account.

Discussion
lauranetsuiteOption: D

D is correct "A statistical account is always debit positive, and is always excluded from foreign currency translation. You create a statistical account the same way you create other accounts. Currency-specific fields do not display when you create a statistical account because they are irrelevant for non-monetary accounts" https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/section_3861062326.html#Creating-Statistical-Accounts

RenataWOption: D

as per Help - A statistical account is always debit positive, and is always excluded from foreign currency translation.

NetSuiteDragonOption: D

D is the right answer. C cant be right coz a statistical account is always debit positive and is always excluded from foreign currency transaction. Refer https://suiteanswers.custhelp.com/app/answers/detail/a_id/36449

testtaker6472Option: D

D is correct

KayMensOption: C

Answer: C