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NEW QUESTION # 13
Which one of the following programs do you always start with first before proceeding to Transaction Work File. Restart Erroneous Jobs (GLS037) with a restarted job that appears as erroneous?
- A. General Ledger. Display Transactions (GLS210)
- B. Transaction Work File. Print (GLS970)
- C. GL Balance File. Display (GLS215)
- D. Period. Open for Transaction Entry (GLS990)
- E. Transaction Work File. Restart Interrupted Jobs (GLS047)
Answer: E
NEW QUESTION # 14
Which one of the following is a reason that a cost account error may be generated?
- A. Transaction price missing due to missing inventory value of the item
- B. System failed to synchronize
- C. Deviation of demand forecast from actual demand
- D. Item out of stock
Answer: C
NEW QUESTION # 15
Which one of the following Financial Application Management (FAM) functions contains most of the workflow options for processing supplier invoices?
- A. AP50
- B. AP10
- C. AP20
- D. AP30
Answer: B
NEW QUESTION # 16
Which two of the following items must be completed before you record the year-end profit or loss on General Ledger. Calculate Profit/Loss (GLS995/E)? (Choose two.)
- A. FAM function GL99 is defined in 'FAM Function. Open' (CRS405).
- B. FAM function GL01 with at least one detail record is defined in FAM Function. Open (CRS405).
- C. All transactions from the year to be updated are recorded.
- D. The budget of the budget transactions to transfer must have the same year, period, budget number and budget version as the budget of the parent company.
Answer: A,C
NEW QUESTION # 17
Which one of the following options describes why you use distribution costing?
- A. To calculate the company's cost for moving goods to the manufacturer
- B. To calculate the company's cost for moving goods internally between warehouses/facilities
- C. To centralize manufacturing and move goods to the customer
- D. To move goods to a vendor
Answer: B
NEW QUESTION # 18
Which one of the following is created when an invoice is received in Infor M3 as a document record relating to a business transaction?
- A. Accounting rule set
- B. Statement of Account
- C. Voucher
- D. Credit memo
Answer: D
NEW QUESTION # 19
Which one of the following program screens do you use to check the three-way match process agrees to your supplier invoice?
- A. Purchase Order. Open (PPS200)
- B. Internal Account Entry. Open (CAS300)
- C. Supplier Invoice. Match GR Line (APS360)
- D. Purchase Order. Receive Goods (PPS300)
Answer: C
NEW QUESTION # 20
You need to add 10% of the net purchase price to the cost of the acquired item, which requires the following four steps:
1. Add the element to the costing model
2. Add a costing value
3. Add the costing model to the item
4. Create a costing element with operator 5
Which one of the following is the correct order in which those tasks should be performed?
- A. 3, 1, 4, 2
- B. 2, 3, 4, 1
- C. 4, 2, 1, 3
- D. 1, 2, 3, 4
Answer: D
NEW QUESTION # 21
Which one of the following programs allows you to recode, authorize, and approve invoices for payment?
- A. Supplier Payment Proposal.Open (APS130)
- B. Supplier Invoice.Recode (APS110)
- C. Supplier Invoice.Record (APS100)
- D. Supplier Payment.Enter Manual (APS120)
Answer: B
NEW QUESTION # 22
Which one of the following do you use to define the due date calculation for supplier invoices or customer invoices?
- A. Cash Discount Term. Open (CRS077)
- B. Payment Term. Open (CRS075)
- C. AR Payment Method. Open (CRS076)
- D. Payment Type. Open (CRS078)
Answer: B
NEW QUESTION # 23
You need to review the standard cost calculation of acquired items. Which one of the following should you use?
- A. CAS371 Average Cost. Display/Update History
- B. CAS310 Order Costing. Display
- C. PCS265 Actual Cost. Update/Display
- D. PCS300 Product Costing. Display
Answer: D
NEW QUESTION # 24
You want to regularly trigger an automatic check for invoice lines that are not completely matched and have their quantities automatically matched and approved. Which one of the following programs do you use to do this check?
- A. Supplier Invoice.Select Trans to Match (APS351)
- B. Supplier Invoice.Auto Match GL Line (APS375)
- C. Supplier Invoice.Recode (APS100)
- D. Supplier Invoice.Select to Match (APS350)
Answer: C
NEW QUESTION # 25
Which one of the following is a reason that a cost account error may be generated?
- A. System failed to synchronize
- B. Deviation of demand forecast from actual demand
- C. Transaction price missing due to missing inventory value of the item
- D. Item out of stock
Answer: C
NEW QUESTION # 26
You are configuring the M3 structure so it can handle more than one legal unit in the best possible way. Which one of the following enables you to define users that have access to all divisions (central users) or users whose access is limited to one division (local users)?
- A. Fixed Assets
- B. Accounts Receivable
- C. Multiple Unit Coordination (MUC)
- D. Group Consolidation
Answer: C
NEW QUESTION # 27
Which two of the following Cost Accounting Errors exist in Internal Cost Accounting? (Choose two.)
- A. Zero Price error correct
- B. Currency error
- C. Accounting string error
- D. Rounding differences error
Answer: C,D
NEW QUESTION # 28
Which three of the following Infor M3 modules and programs does the Accounts Payable module integrate with? (Choose three.)
- A. Accounts receivable
- B. Time accounting
- C. Budgeting
- D. Purchase orders and purchase order processing
- E. General ledger
Answer: A,D,E
NEW QUESTION # 29
Which three of the following options make up an accounting rule? (Choose three.)
- A. Accounting ledger
- B. Accounting string
- C. Accounting event
- D. Accounting type
- E. Accounting invoice
Answer: A,C,D
NEW QUESTION # 30
Which two of the following rules are primarily used for processing customer invoices and credit notes?
(Choose two.)
- A. AR50
- B. AR10
- C. AR30
- D. AR20
Answer: B,D
NEW QUESTION # 31
Which one of the following settings sorts and filters different database views allowing you to review the numbers posted to one or several accounting dimensions when updating the general ledger?
- A. FAM function
- B. Sorting ID
- C. Costing model
- D. Balance key
Answer: D
NEW QUESTION # 32
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