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Infor Certified M3 Finance Consultant

Last Update 22 hours ago Total Questions : 73

The Infor Certified M3 Finance Consultant content is now fully updated, with all current exam questions added 22 hours ago. Deciding to include M3-123 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our M3-123 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these M3-123 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Infor Certified M3 Finance Consultant practice test comfortably within the allotted time.

Question # 11

You have set up different accounts, from your normal accounts, so you can post to a different receivable account when you sell to a particular customer.

Which one of the following rules do you need to define so that these customer’s transactions will post to this different account?

A.

Exception rule

B.

Override rule

C.

Customer group rule

D.

FAM rule

Question # 12

Which two of the following rules are primarily used for processing customer invoices and credit notes? (Choose two.)

A.

AR50

B.

AR20

C.

AR30

D.

AR10

Question # 13

Which one of the following occurs when a cost accounting error occurs?

A.

Transactions are stopped from being transferred to the general ledger

B.

Transaction error log is created in the system

C.

Transactions are transferred and flagged in the general ledger

D.

General ledger balance file is generated

Question # 14

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

A.

OOLINE

B.

CINACC

C.

MITTRA

D.

MITBAL

Question # 15

Which one of the following General Ledger Financial Accounting Management (FAM) functions do you use for account allocations and accounts distributions?

A.

Journal Voucher. Update Recurring (GLS175)

B.

Unrealized Exchange Rate Variance. Update (GLS160)

C.

Period Accounting. Update (GLS140)

D.

A/C Allocation. Update (GLS130)

Question # 16

Which one of the following manages most of the integration between the financial system and other Infor M3 applications?

A.

Payment proposals

B.

Exception rules

C.

Accounting rules

D.

Accounts Payable (AP) accounting table

Question # 17

Which two of the following accounting rule components are predefined in the M3 Business Engine? (Choose two.)

A.

Accounting strings

B.

Accounting identity

C.

Accounting types

D.

Accounting events

Question # 18

Which one of the following describes what is created in Infor M3 to prepare a list of invoices that are due for payment?

A.

Cost account entry

B.

Payment proposal

C.

Journal voucher entry

D.

Invoice proposal

Question # 19

Which three of the following describe accounting structures? (Choose three.)

A.

Only important when the identities you want to group together are sequentially numbered

B.

Purpose is to group identities for display and printout purposes

C.

Hierarchical model corresponding to an organization’s structure

D.

Group of accounting identities or other accounting structures

E.

Sub-structures containing many accounting identities cannot easily be moved to new accounting structures

Question # 20

Which one of the following activities involves manual updating for an invoiced customer order?

A.

Invoice post-processing

B.

Closing the order line

C.

Automatic allocation

D.

Bank statement processing

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