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Exam SuiteFoundation Topic 7 Question 56 Discussion
NetSuite Exam SuiteFoundation Topic 7 Question 56 Discussion
Actual exam question for NetSuite's SuiteFoundation exam
Question #: 56
Topic #: 7
[All SuiteFoundation Questions]
How does MultiLocation Inventory affect costing?
A
LIFO and FIFO costing cannot be used.
B
Costs are calculated at the location level.
C
Costing calculations remain at the item level.
D
Average costing will not work with Bin control.
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Suggested Answer:
B
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Apr 24, 2024, 12:12 AM
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Avery
5 months ago
Yes, costing calculations do remain at the item level when using MultiLocation Inventory.
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Alaine
5 months ago
So, does that mean costing calculations remain at the item level with MultiLocation Inventory?
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Gene
5 months ago
I believe that's true, LIFO and FIFO costing cannot be used with MultiLocation Inventory.
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Malissa
6 months ago
But do you think LIFO and FIFO costing cannot be used with MultiLocation Inventory?
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Wilda
6 months ago
I agree, costs are indeed calculated at the location level with MultiLocation Inventory.
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Fidelia
7 months ago
I think MultiLocation Inventory affects costing by calculating costs at the location level.
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Nieves
7 months ago
C) Costing calculations remain at the item level.
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Kimbery
7 months ago
B) Costs are calculated at the location level.
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Mee
7 months ago
How does MultiLocation Inventory affect costing?
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Avery
5 months agoAlaine
5 months agoGene
5 months agoMalissa
6 months agoWilda
6 months agoFidelia
7 months agoNieves
7 months agoKimbery
7 months agoMee
7 months ago