MENU
You are the controller for an organization. The company purchased six service trucks. You observe that your accountant set up Fixed assets - vehicles in the wrong fixed asset group.
You need to achieve the following;
* Change the fixed asset group so that the existing fixed asset transactions for the original fixed asset are canceled and regenerated for the new fixed asset.
* Ensure that all value models for the existing fixed asset are created for the new fixed asset Any information that was set up for the original fixed asset is copied to the new fixed asset.
* Close the old fixed asset number in the old fixed assets group and create a new fixed asset number in the new fixed assets
group.
What should you do?
Suggested Answer: D
Get Premium MB-310 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
24 comments · newest first
DA
Daniela
5 days ago
Changing the group directly addresses the issue.
CO
Cory
10 days ago
Copying keeps the original intact, but is it necessary?
SA
Sage
15 days ago
Reclassifying ensures all transactions are updated.
CO
Cordelia
20 days ago
Transferring the fixed assets could complicate things.
DA
Daniela
25 days ago
Changing the fixed asset group seems straightforward.
CO
Cory
1 month ago
I feel like copying the fixed asset might be safer.
SA
Sage
1 month ago
This is tricky. I think we should reclassify the fixed asset.
DE
Denise
1 month ago
I feel like we need to close the old asset properly first.
CH
Chauncey
2 months ago
Changing the group is straightforward and efficient.
CA
Carole
2 months ago
But copying ensures we have a backup.
LE
Levi
2 months ago
Reclassifying keeps everything organized.
DE
Denise
2 months ago
Transferring the fixed assets could complicate things.
CH
Chauncey
2 months ago
Changing the fixed asset group makes sense to me.
CA
Carole
2 months ago
I disagree. Copying the fixed asset seems safer.
LE
Levi
3 months ago
This is tricky! I think we should reclassify the fixed asset.
SC
Scarlet
3 months ago
Not sure if copying the asset is the right move here.
LA
Lang
3 months ago
Wait, can you really just change the group like that?
JO
Jolene
3 months ago
I think reclassifying might be the better route.
FL
Florinda
3 months ago
Definitely need to go with option C.
CI
Ciara
3 months ago
Sounds like a classic mix-up with asset groups!
CE
Celestina
4 months ago
Transferring the fixed assets seems like an option, but I feel like it might not cover all the requirements listed in the question.
MA
Malcolm
5 months ago
Changing the fixed asset group sounds like it could work, but I’m a bit confused about how that would affect the existing transactions.
BA
Basilia
5 months ago
I remember a practice question where we had to copy a fixed asset, but that doesn't seem to fit this scenario.
JE
Jeniffer
6 months ago
I think we might need to reclassify the fixed asset, but I'm not entirely sure if that would cancel the transactions properly.