NetSuite Exam ERP-Consultant Topic 10 Question 50 Discussion

Actual exam question for NetSuite's ERP-Consultant exam

Question #: 50
Topic #: 10

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

AIncrease Asset accounts of the Assembly item's components

BDecrease Asset accounts of the Assembly item's components

CDecrease Cost of Goods Sold account of the Assembly Item

DIncrease Cost of Goods Sold accounts of the Assembly item's components

EIncrease Asset account of the Assembly Item

Show Suggested Answer

Suggested Answer: C, E

by Vallie at Mar 19, 2024, 02:24 PM

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7 months ago

I think Erasmo is right, I would go with A) and E) because building an assembly would also increase the Asset account of the Assembly Item

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7 months ago

I'm not sure about that. Wouldn't building an assembly increase the Cost of Goods Sold accounts of the components instead?

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7 months ago

I agree with that, but I also think it would decrease the Cost of Goods Sold account, so C)

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7 months ago

I think building an assembly would increase the Asset accounts of the components, so A)

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