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M3-123 Infor Certified M3 Finance Consultant Questions and Answers

Questions 4

Which one of the following options are invoice number series defined by?

Options:

A.

Warehouse

B.

Fiscal year

C.

Calendar year

D.

Facility

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Questions 5

Which two of the following Cost Accounting Errors exist in Internal Cost Accounting? (Choose two.)

Options:

A.

Currency error

B.

Rounding differences error

C.

Accounting string error

D.

Zero Price error correct

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Questions 6

Which one of the following program screens do you use to check the three-way match process agrees to your supplier invoice?

Options:

A.

Purchase Order. Receive Goods (PPS300)

B.

Purchase Order. Open (PPS200)

C.

Supplier Invoice. Match GR Line (APS360)

D.

Internal Account Entry. Open (CAS300)

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Questions 7

Which one of the following programs must be run to generate cost accounting entries?

Options:

A.

Internal Account Entry. Transfer to GL (CAS960)

B.

Order Costing. Display (CAS310)

C.

Internal Account Entry. Create (CAS950)

D.

Internal Account Entry. Open (CAS300)

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Questions 8

You just ran the Internal Account Entry.Create (CAS950). Which one of the following database files is an internal account entry that is created?

Options:

A.

OOLINE

B.

CINACC

C.

MITTRA

D.

MITBAL

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Questions 9

Which one of the following describes a payment type when there is no invoice to match against the payment?

Options:

A.

Cash

B.

Partial

C.

On-account

D.

Full

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Questions 10

Which two of the following describe account groups in Infor M3? (Choose two.)

Options:

A.

Account group levels determine the order in which accounts within an account group are listed on an income statement of income or balance sheet.

B.

Account groups are defined at the division level but not the company level.

C.

Each account group must be defined as included in the statement of account or the balance sheet.

D.

Six levels of account groups exist.

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Exam Code: M3-123
Exam Name: Infor Certified M3 Finance Consultant
Last Update: Dec 27, 2024
Questions: 73
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