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NetSuite-Financial-User
NetSuite.NetSuite-Financial-User.v2024-06-14.q31 Practice Test (Page 8)
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NetSuite-Financial-User Exam Question
31
Which is recommended for setting up new accounting periods?
A.
set up new year and new quarter at the beginning of the fiscal year
B.
Use set-up full year to generate all periods at once for full year
C.
create accounting period one at a time to avoid multiple open periods
D.
use one-day year end adjustment period for year-end closing journal entries to retained earnings
Correct Answer:
B
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