A company sells yearly service contracts for $1,00...

NetSuite ERP Consultant Exam Sample Questions And Answers

Question Number 153

A company sells yearly service contracts for $1,000 that require a 10% initial fee. These are sometimes discounted. They bill at the end of each month.How should the billing schedule for this company be configured? Which three settings would be correct?Recurrence frequency is monthly.A. Initial amount set to $100B. Initial amount is set to 10%C. In Arrears is EnabledD. In Arrears is disabledE. Recurrence count is 11F. Recurrence count is 12

B. Initial amount is set to 10%C. In Arrears is EnabledF. Recurrence count is 12

✔ Correct Answer:

B. Initial amount is set to 10%C. In Arrears is EnabledF. Recurrence count is 12

NetSuite ERP Consultant Exam Sample Questions And Answers

Question Number 153

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