NetSuite Exam SuiteFoundation Topic 5 Question 73 Discussion

Actual exam question for NetSuite's SuiteFoundation exam

Question #: 73
Topic #: 5

[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 Kassandra at Oct 22, 2024, 06:25 AM

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Jannette

2 months ago

Haha, imagine trying to use LIFO or FIFO with MultiLocation Inventory. That would be a complete mess! A is the way to go.

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Alaine

2 months ago

This is a tricky one, but I'm going with B. Gotta keep those location-level costs in check!

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Jeanice

2 months ago

Yeah, B makes the most sense. It helps with tracking costs effectively.

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Lindsey

2 months ago

I agree, keeping costs calculated at the location level is crucial for accurate inventory management.

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Darrel

2 months ago

I think B is the right choice too. It's important to track costs at the location level.

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Noel

2 months ago

D sounds like a trick question. Average costing can definitely work with Bin control, so that can't be the right answer.

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Alona

1 months ago

D) Average costing will not work with Bin control.

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Margarita

1 months ago

C) Costing calculations remain at the item level.

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Vallie

1 months ago

B) Costs are calculated at the location level.

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Aaron

1 months ago

A) LIFO and FIFO costing cannot be used.

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Arlene

3 months ago

I think C is the correct answer. Costing calculations should remain at the item level, even with multiple locations.

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Chantell

2 months ago

I'm not sure, but I think A is incorrect. LIFO and FIFO costing can still be used with MultiLocation Inventory.

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Dong

2 months ago

I believe D is the correct answer. Average costing may not work with Bin control when dealing with multiple locations.

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Candra

2 months ago

I think B is more accurate. Costs are calculated at the location level, which can impact costing with MultiLocation Inventory.

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Ernest

2 months ago

I agree, C is the correct answer. Costing calculations should definitely remain at the item level.

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Ben

3 months ago

Option B makes the most sense to me. Costs should be calculated at the location level to accurately reflect the different costs at each site.

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Brittni

2 months ago

Calculating costs at the location level also helps in better decision-making.

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Jeff

2 months ago

Yes, it helps in understanding the cost variations at different locations.

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Aja

2 months ago

I agree, it's important to calculate costs at the location level for accuracy.

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Azalee

3 months ago

I agree with Francis. It makes sense that costing calculations would be done at the location level.

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Francis

4 months ago

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

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