Do You Know About NetSuite?

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| By HeatherLivingsto

HeatherLivingsto

Community Contributor

Quizzes Created: 1 | Total Attempts: 266

Questions: 7 | Attempts: 266 | Updated: Mar 16, 2023

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Questions and Answers

1.

Your dashboard can be customized by adding what?
- A.
  
  Snapshots
- B.
  
  Portlets
- C.
  
  Forms
- D.
  
  Whatever I want
Correct Answer
B. Portlets

Explanation
The correct answer is Portlets. Portlets are a type of software component that can be added to a dashboard to provide specific functionality or information. They can be customized and arranged according to the user's preferences, allowing them to personalize their dashboard by adding the specific portlets they need. Portlets can display various types of content such as charts, tables, or reports, and can be used to access and interact with different systems or applications.

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2.

Relationships can be customers, contacts, competitors, partners, leads, or prospects.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
The given statement is true because relationships can indeed be categorized into various types such as customers, contacts, competitors, partners, leads, or prospects. These different types of relationships reflect the various interactions and connections that a business or individual may have with others in the context of their professional or personal network.

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3.

You can create an estimate without creating an opportunity first.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
Creating an estimate typically involves providing an estimation of the cost, time, and resources required for a project or task. In order to create an accurate estimate, it is important to have a clear understanding of the opportunity or project at hand. Creating an opportunity first allows for gathering necessary information, such as project requirements or client needs, which can then be used to create a more accurate estimate. Therefore, it is not recommended to create an estimate without creating an opportunity first.

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0
2
4.

An Opportunity Plan is mandatory if...
- A.
  
  If you sell them MMS
- B.
  
  If there is a partner
- C.
  
  If the account/opportunity is top 10
- D.
  
  It is never ever mandatory
Correct Answer
C. If the account/opportunity is top 10

Explanation
If the account/opportunity is considered to be in the top 10, it means that it is one of the most important and valuable accounts/opportunities for the company. In order to effectively manage and maximize the potential of such a significant account/opportunity, it is necessary to have an Opportunity Plan in place. This plan outlines the strategies, goals, and actions that need to be taken to ensure success with the top 10 account/opportunity. Therefore, having an Opportunity Plan becomes mandatory in this scenario.

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5.

Which of these is NOT a part of the Opportunity Plan?
- A.
  
  Other Opportunities
- B.
  
  Pressing Need
- C.
  
  Major Milestones
- D.
  
  Company Profile
Correct Answer
A. Other Opportunities

Explanation
The Opportunity Plan includes various components that help in identifying and capitalizing on opportunities. These components typically include factors such as pressing need, major milestones, and company profile. However, "Other Opportunities" is not a part of the Opportunity Plan. This suggests that the plan focuses on specific opportunities that are relevant to the business and excludes any other potential opportunities that may arise.

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6.

The item used to configure Experlogix is Experlogix_Default
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
Experlogix_Default is the item used to configure Experlogix. This suggests that the statement "The item used to configure Experlogix is Experlogix_Default" is true.

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7.

In order to move your opportunity/estimate on to a Sales Order you have to set the stage to closed/won.
- A.
  
  False
- B.
  
  True
Correct Answer
B. True

Explanation
To move an opportunity/estimate onto a Sales Order, it is necessary to set the stage to closed/won. This indicates that the opportunity has been successfully closed and won, allowing it to progress to the next stage of the sales process. By setting the stage to closed/won, it signifies that the opportunity has been converted into a confirmed sale and can now be processed as a Sales Order.

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Current Version
Mar 16, 2023

Quiz Edited by
ProProfs Editorial Team
Aug 12, 2014

Quiz Created by
HeatherLivingsto

Do You Know About NetSuite?

Your dashboard can be customized by adding what?

Relationships can be customers, contacts, competitors, partners, leads, or prospects.

You can create an estimate without creating an opportunity first.

An Opportunity Plan is mandatory if...

Which of these is NOT a part of the Opportunity Plan?

The item used to configure Experlogix is Experlogix_Default

In order to move your opportunity/estimate on to a Sales Order you have to set the stage to closed/won.