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Oracle N16302GC10 Exam - Topic 3 Question 3 Discussion

Actual exam question for Oracle's N16302GC10 exam
Question #: 3
Topic #: 3
[All N16302GC10 Questions]

Identify the steps for valuing an inventory item using the Standard Cost Costing method?

1. Rollup Standard Costs.

2. Enter Standard Cost at sublist level.

3. Revalue inventory and update Standard Costs.

Show Suggested Answer Hide Answer
Suggested Answer: D

Contribute your Thoughts:

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Brandon
5 hours ago
Just to clarify, it’s 1, 2, 3 in that order, right?
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Avery
5 days ago
Totally with you, CostMaster! B makes the most sense.
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Van
10 days ago
Wait, are we sure about that order? Feels off.
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Raul
29 days ago
I think it’s B, seems logical to revalue after rolling up.
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Buffy
1 month ago
Standard Costing is all about those steps!
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Geraldo
1 month ago
This question is making my head spin. I'll just guess and go with B.
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Dong
1 month ago
Option A all the way! Gotta love those standard cost shenanigans.
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Vivan
2 months ago
Hmm, this is a tough one. I'll go with C just to be different.
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Barrie
2 months ago
D seems like the way to go. Sublist level standard costs, that's the ticket.
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Lavelle
2 months ago
I'm going with B. Revaluing inventory is key, can't forget that step!
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Salome
2 months ago
Option C looks right to me. Gotta love that standard cost rollup!
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Johanna
2 months ago
I believe the correct order is 1, 3, 2, but I might be confusing it with another method we studied.
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Staci
3 months ago
I feel like the steps might be a bit mixed up in my head. I thought revaluing came after entering the standard costs, but I can't recall clearly.
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Daren
3 months ago
I remember practicing a similar question, and I think it was important to enter the standard cost before revaluing the inventory.
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Carmelina
3 months ago
Wait, I'm a little confused. Let me re-read the question and the answer choices carefully to make sure I'm on the right track.
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Lucina
3 months ago
I think the first step is definitely rolling up the standard costs, but I'm not sure about the order after that.
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Nobuko
3 months ago
Okay, I've got this. The key is remembering the correct order of the steps. I'm confident I can get this right.
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Letha
4 months ago
I feel like C is right. Rollup costs first is logical.
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Arminda
4 months ago
C feels right. Standard costs should be rolled up first.
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Heidy
4 months ago
Hmm, this seems straightforward, but I want to make sure I'm not missing anything. Let me think this through step-by-step.
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Benedict
4 months ago
I think I know the steps for this, but I want to double-check my understanding before selecting an answer.
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Anglea
3 months ago
I believe it's A. Start with entering the standard cost.
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