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Exam NetSuite ERP Consultant topic 1 question 34 discussion

Actual exam question from NetSuite's NetSuite ERP Consultant
Question #: 34
Topic #: 1
[All NetSuite ERP Consultant Questions]

A company is using the Multiple Currencies feature.
Which account type allows Revalue Open Balance for Foreign Currency Transactions?

  • A. Cost of Goods Sold
  • B. Income
  • C. Expense
  • D. Other Current Asset
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Suggested Answer: D 🗳️
by KayMens at Feb. 2, 2023, 3:43 p.m.

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JGKAY
8 months ago
Answer D
upvoted 1 times
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yashkhanore
2 years, 1 month ago
D. Other Current Asset You cannot revalue open balances for equity and income statement accounts: COGS, Expense, Income, Other Expense, and Other Income.
upvoted 1 times
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Inu_Moon
2 years, 3 months ago
Selected Answer: D
https://tstdrv2640124.app.netsuite.com/app/help/helpcenter.nl?fid=section_N1428933.html
upvoted 2 times
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KayMens
2 years, 3 months ago
Selected Answer: D
D. Other Current Asset. SA#14971
upvoted 3 times
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