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NetSuite Exam NetSuite-Financial-User Topic 10 Question 30 Discussion

Actual exam question for NetSuite's NetSuite-Financial-User exam
Question #: 30
Topic #: 10
[All NetSuite-Financial-User Questions]

Which two transactions containing inventory items will post to COGS? (Choose two)

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Suggested Answer: B, C

by Brett at Mar 19, 2025, 02:48 AM

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Brigette
2 months ago
Standalone invoices and invoices created from sales orders typically do not affect COGS directly. They are more related to revenue recognition.
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Carmela
2 months ago
I'm not sure about standalone invoices and invoices created from sales orders. Can someone explain why they would or would not post to COGS?
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Stefany
2 months ago
B and D, all the way! Although, I have to say, I'm a little surprised that 'Item Vaporization' isn't an option. You know, for those pesky inventory items that just disappear into thin air.
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Gianna
2 days ago
Haha, 'Item Vaporization' would definitely be an interesting option!
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Gianna
19 days ago
D) Invoices created from Sales Orders
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Gianna
22 days ago
B) Item Fulfillment
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Bronwyn
23 days ago
Haha, 'Item Vaporization' would be an interesting addition to the list!
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Anna
25 days ago
Haha, 'Item Vaporization' would be an interesting option for sure!
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Bronwyn
27 days ago
B and D are the correct options for transactions posting to COGS.
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Anna
28 days ago
D) Invoices created from Sales Orders
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Anna
1 months ago
B) Item Fulfillment
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Casie
2 months ago
I agree with Goldie. When items are returned or fulfilled, it affects the cost of goods sold.
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Margery
2 months ago
Aha, I got this one! B and D are the way to go. The other options just don't seem to fit the bill for COGS transactions.
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Leota
2 months ago
Hmm, I think B and D make the most sense. Returning an item doesn't affect COGS, and standalone invoices might not be tied to any specific inventory. Just my two cents!
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Marnie
26 days ago
Returning an item and standalone invoices don't have a direct impact on COGS.
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Barrie
1 months ago
Item Fulfillment and Invoices created from Sales Orders are the ones that impact COGS.
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Haydee
1 months ago
I agree, B and D are the correct choices for transactions affecting COGS.
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Goldie
2 months ago
I think item return and item fulfillment will post to COGS.
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Ernie
2 months ago
I'm pretty sure B and D are the correct answers. I mean, fulfilling an order and invoicing from a sales order both involve inventory, right?
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Tennie
2 months ago
So, B and D are the transactions that will post to COGS.
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Jimmie
2 months ago
Yes, when you fulfill an order and invoice from a sales order, it affects COGS.
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Karol
2 months ago
I think you're right, B and D both involve inventory transactions.
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