Exam MB-330 topic 7 question 3 discussion

Actual exam question from Microsoft's MB-330

Question #: 3
Topic #: 7

You need to address the inventory costing requirements.
What are two possible ways to achieve the goal? Each answer represents a complete solution.
NOTE: Each correct selection is worth one point.

A. Use FIFO with marking.
B. Create purchase orders from sales orders.
C. Set up commodity pricing.
D. Create a costing version.
E. Set up a costing sheet.

Show Suggested Answer

Suggested Answer: AB 🗳️

by [deleted] at Dec. 13, 2021, 6:01 p.m.

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AntoonvM

8 months, 2 weeks ago

According to docs both marking an a purchase order created from a sales order guarantee that cost of sales is linked to the PO.

upvoted 2 times

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PrzemoK

8 months, 3 weeks ago

All goods must be reserved against physical inventory, and all goods are FIFO. So A,B

upvoted 1 times

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Lilliam

9 months, 1 week ago

Selected Answer: AB

By process of elimination C/E relates to standard costing and commodity items. Only A&B would makes sense.

upvoted 3 times

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T3nnaM

1 year ago

This can't be right. I'd say A and D?

upvoted 1 times

T3nnaM

1 year ago

Sorry D is standard cost, so using the method of elimination: D and E are standard cost. C is for raw material, so A and B.

upvoted 5 times

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