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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

Contribute your Thoughts:

Brigette
5 days 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
6 days 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
6 days 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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Casie
9 days ago
I agree with Goldie. When items are returned or fulfilled, it affects the cost of goods sold.
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Margery
10 days 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
13 days 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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Goldie
15 days ago
I think item return and item fulfillment will post to COGS.
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Ernie
27 days 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
14 days ago
So, B and D are the transactions that will post to COGS.
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Jimmie
15 days ago
Yes, when you fulfill an order and invoice from a sales order, it affects COGS.
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Karol
19 days ago
I think you're right, B and D both involve inventory transactions.
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