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Exam NetSuite ERP Consultant topic 1 question 86 discussion

Actual exam question from NetSuite's NetSuite ERP Consultant
Question #: 86
Topic #: 1
[All NetSuite ERP Consultant Questions]

At what point does FIFO/LIFO inventory costing occur?

  • A. At Purchase Order with Advanced Receiving
  • B. At Bill entry with Advanced Receiving
  • C. Upon Item Receipt without Advanced Receiving
  • D. At Bill entry without Advanced Receiving
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Suggested Answer: C 🗳️
by nickzxi at March 1, 2024, 10:51 a.m.

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JGKAY
8 months ago
Selected Answer: D
Answer D
upvoted 1 times
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2031a5f
8 months, 2 weeks ago
answer is D
upvoted 1 times
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nickzxi
1 year, 2 months ago
Selected Answer: D
If you do not use Advanced Receiving, inventory costing occurs at time of bill entry. Ref - https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/section_N2194541.html#bridgehead_N2194718
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