BlackFriday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

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.)

Show Suggested Answer Hide Answer
Suggested Answer: C, E

Contribute your Thoughts:

Elvis
5 days 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.
upvoted 0 times
...
Chauncey
9 days 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.
upvoted 0 times
Maricela
20 hours ago
I think you're right, the asset accounts of the components decrease with option B.
upvoted 0 times
...
...
Paris
19 days ago
I agree with Brandon, increasing Asset accounts makes sense because we are adding value to the assembly.
upvoted 0 times
...
Selene
27 days 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.
upvoted 0 times
Ivette
9 days ago
That makes sense, it's important to track the impact on asset accounts.
upvoted 0 times
...
Shala
9 days ago
Yes, building an assembly increases the asset accounts of the components and the assembly item itself.
upvoted 0 times
...
Geoffrey
14 days ago
I think the correct answers are A and E.
upvoted 0 times
...
...
Brandon
30 days ago
I think the accounting impacts from building an assembly include increasing Asset accounts of the components.
upvoted 0 times
...

Save Cancel