NETSUITE-FINANCIAL-USER practice question 11 of 15

Bank accounts interact with subsidiaries?

Full set: 86 questions
Answer options
A: can be linked with no limit to multiple subsidiary
B: can be linked with any number of subsidiaries in parent: child relationship
C: can be linked up to 2 subsidiaries
D: Must be linked with 1 subsidiary Correct answer
Correct Answer:
D. Must be linked with 1 subsidiary
Explanation

In NetSuite OneWorld each Bank Account record contains a single-select Subsidiary field. NetSuite Help states that a bank account “belongs to one subsidiary” and “cannot be shared with other subsidiaries.” Therefore every bank account must be linked to exactly one subsidiary.

Why Incorrect

A. Bank account’s Subsidiary field is not multi-select; unlimited linkage is impossible.
B. NetSuite does not allow a bank account to span a parent-child chain; only one subsidiary is permitted.
C. Two subsidiaries cannot be assigned; only a single subsidiary value is accepted.

References

1. Oracle NetSuite Help Center

topic “Bank Account Record Fields

” sub-section “Subsidiary” (Article ID 10289): “Select the subsidiary that owns this bank account. Each bank account can belong to only one subsidiary.”

2. Oracle NetSuite Help Center

“SuiteBank Connectivity – Connecting Accounts

” Step 3 (Article ID 243798): “After you choose a subsidiary

only bank accounts for that subsidiary are available…bank accounts cannot be connected across subsidiaries.”

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