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.)

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 Armanda at Oct 21, 2024, 08:51 AM

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Rosamond

21 days 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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Jenelle

5 days ago

Yeah, I agree. Those are the correct answers.

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Rima

10 days ago

I think you're right, C and E make sense.

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Elvis

28 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.

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Glynda

5 days 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

6 days ago

D) Increase Cost of Goods Sold accounts of the Assembly item's components

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Felicidad

18 days ago

A) Increase Asset accounts of the Assembly item's components

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Chauncey

1 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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