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NetSuite Exam ERP-Consultant Topic 5 Question 69 Discussion

Actual exam question for NetSuite's ERP-Consultant exam
Question #: 69
Topic #: 5
[All ERP-Consultant Questions]

Which accounting impacts result from building an assembly? (Choose two.)

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Suggested Answer: C, E

by Armanda at Oct 21, 2024, 08:51 AM

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Rosamond
2 months ago
Haha, I'm just gonna guess C and E. Decrease Cost of Goods Sold for the assembly item and increase the asset account. Easy peasy, lemon squeezy!
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Nicolette
1 months ago
Easy peasy, lemon squeezy! Good job on guessing the right answers.
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Gladis
1 months ago
So, decreasing Cost of Goods Sold and increasing the Asset account, got it.
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Jenelle
2 months ago
Yeah, I agree. Those are the correct answers.
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Rima
2 months ago
I think you're right, C and E make sense.
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Elvis
2 months ago
Wait, what? I thought the answers were D and E. Increasing the Cost of Goods Sold for the components and the asset account of the assembly item. This exam is tripping me out.
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Michell
1 months ago
Oh, I see. Thanks for clarifying!
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Glynda
2 months ago
No, it's actually A and D. Increasing the asset accounts of the components and the cost of goods sold for the assembly item.
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Brent
2 months ago
D) Increase Cost of Goods Sold accounts of the Assembly item's components
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Felicidad
2 months ago
A) Increase Asset accounts of the Assembly item's components
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Chauncey
3 months ago
Dude, this is too easy. The answers are clearly B and C. The asset accounts of the components decrease, and the Cost of Goods Sold for the assembly item decreases.
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Louisa
2 months ago
So, the correct answers are B and C for the accounting impacts of building an assembly.
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Ernestine
2 months ago
Yes, and the Cost of Goods Sold for the assembly item decreases with option C.
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Maricela
2 months ago
I think you're right, the asset accounts of the components decrease with option B.
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Paris
3 months ago
I agree with Brandon, increasing Asset accounts makes sense because we are adding value to the assembly.
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Selene
3 months ago
Hmm, I think the correct answers are A and E. Building an assembly increases the asset accounts of the components and the assembly item itself.
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Eleonore
2 months ago
Definitely, it helps in understanding the financial implications of building assemblies.
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Ivette
3 months ago
That makes sense, it's important to track the impact on asset accounts.
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Shala
3 months ago
Yes, building an assembly increases the asset accounts of the components and the assembly item itself.
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Geoffrey
3 months ago
I think the correct answers are A and E.
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Brandon
3 months ago
I think the accounting impacts from building an assembly include increasing Asset accounts of the components.
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