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Exam ERP-Consultant Topic 7 Question 48 Discussion
NetSuite Exam ERP-Consultant Topic 7 Question 48 Discussion
Actual exam question for NetSuite's ERP-Consultant exam
Question #: 48
Topic #: 7
[All ERP-Consultant Questions]
Which accounting impacts result from building an assembly? (Choose two.)
A
Increase Asset accounts of the Assembly item's components
B
Decrease Asset accounts of the Assembly item's components
C
Decrease Cost of Goods Sold account of the Assembly Item
D
Increase Cost of Goods Sold accounts of the Assembly item's components
E
Increase Asset account of the Assembly Item
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Suggested Answer:
C, E
by
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at
Feb 12, 2024, 09:52 PM
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Kate
5 months ago
I see your point, but I think it actually decreases the Asset accounts of the Assembly item's components, so B and C are the correct answers.
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Tori
5 months ago
I agree with Miriam, A and D make sense because building an assembly would increase the Asset and Cost of Goods Sold accounts of the components.
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Ashanti
5 months ago
I disagree, I believe the correct answers are B and C.
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Miriam
6 months ago
I think the answer is A and D.
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Pearlene
6 months ago
I see your point, Kanisha. But I think building an assembly would decrease the Cost of Goods Sold account of the Assembly Item, so C is a possible impact as well.
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Kanisha
6 months ago
I'm not so sure about that. Wouldn't building an assembly decrease the Asset accounts of the components instead? So B could be one of the impacts.
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Mollie
6 months ago
I agree with you, Silva. In addition, I believe it would also increase the Asset account of the Assembly Item, so E is another impact.
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Silva
7 months ago
I think building an assembly would increase the Asset accounts of the components, so A is one of the impacts.
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Kate
5 months agoTori
5 months agoAshanti
5 months agoMiriam
6 months agoPearlene
6 months agoKanisha
6 months agoMollie
6 months agoSilva
7 months ago