Exam SuiteFoundation Certification Exam All QuestionsBrowse all questions from this exam
Question 3

Which record is a non-posting transaction?

    Correct Answer: C

    A non-posting transaction is one that does not affect the company's general ledger balances or financial statements. Among the options provided, a Sales Order fits this definition. A Sales Order is a record of a customer's intent to purchase, but it does not immediately affect accounting records until further steps are taken, such as invoicing or shipping the goods. Therefore, the correct answer is Sales Order.

Discussion
mistyblue1995Option: C

The following transaction types are always non-posting: Estimate Liability Adjustment Opportunity Payroll Adjustment Purchase Order Return Authorization Revenue Arrangement Sales Order Transfer Order Vendor Return Authorization Work Order

bworkshopOption: C

Sales Order is a non posting transaction

jxl200010

A non-posting transaction is a planned activity that is not yet final. Non-posting transactions do not affect the general ledger balance, financial statements, or accounts. e.g. Estimate, Opportunity, Adjustment, Order, Authorization, Arrangement

dtlimOption: C

https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/section_N1452887.html#Non-Posting-Transactions-in-Locked-and-Closed-Periods

FanOfHavingFunOption: C

C makes sense