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.)

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 Dick 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

6 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

6 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

7 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

7 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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