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?

ALIFO and FIFO costing cannot be used.

BCosts are calculated at the location level.

CCosting calculations remain at the item level.

DAverage costing will not work with Bin control.

Show Suggested Answer

Suggested Answer: B

by Tyisha at Apr 24, 2024, 12:12 AM

Limited Time Offer

25%

Off

Get Premium SuiteFoundation Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Avery

6 months ago

Yes, costing calculations do remain at the item level when using MultiLocation Inventory.

upvoted 0 times

...

Alaine

6 months ago

So, does that mean costing calculations remain at the item level with MultiLocation Inventory?

upvoted 0 times

...

Gene

6 months ago

I believe that's true, LIFO and FIFO costing cannot be used with MultiLocation Inventory.

upvoted 0 times

...

Malissa

7 months ago

But do you think LIFO and FIFO costing cannot be used with MultiLocation Inventory?

upvoted 0 times

...

Wilda

7 months ago

I agree, costs are indeed calculated at the location level with MultiLocation Inventory.

upvoted 0 times

...

Fidelia

7 months ago

I think MultiLocation Inventory affects costing by calculating costs at the location level.

upvoted 0 times

...

Nieves

8 months ago

C) Costing calculations remain at the item level.

upvoted 0 times

...

Kimbery

8 months ago

B) Costs are calculated at the location level.

upvoted 0 times

...

Mee

8 months ago

How does MultiLocation Inventory affect costing?

upvoted 0 times

...