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Exam Financial User topic 1 question 25 discussion

Actual exam question from NetSuite's Financial User
Question #: 25
Topic #: 1
[All Financial User Questions]

Which is recommended for setting up new accounting periods?

  • A. Use Set Up Full Year to generate all periods at once for a full year
  • B. Set Up New Year and New Quarter at the beginning of the fiscal year
  • C. Create accounting periods 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
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Suggested Answer: A 🗳️
by gemazyni at April 6, 2025, 4:21 a.m.

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