NetSuite Financial User Practice Questions - Oracle NetSuite Financial User Certification (N16599GC10) Exam

In NetSuite OneWorld, what is a subsidiary?

A type of saved search A separate legal entity within a parent company structure that maintains its own books, base currency, and chart of accounts A backup of the main company file A custom record type

Correct Answer:

A separate legal entity within a parent company structure that maintains its own books, base currency, and chart of accounts

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