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Exam Code: C-S4CS-2105

Exam Name: SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Sales Implementation

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
Consider the following conditions of beginning inventory and the stated results:
Beginning Cost of Inventory Goods Sold Net Income
A. Condition A
B. Understated Understated Understated
C. Overstated Overstated Understated
Which condition is true with regard to the beginning inventory, assuming FIFO is used?
D. Overstated Overstated Overstated
E. Condition B
F. Condition C
Answer: C,F
Explanation:
When beginning inventory is overstated, inventory costs assigned to the cost of goods sold will be overstated and consequently the net income will be understated.

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