[Jun 10, 2023] Genuine M3-123 Exam Dumps Free Demo
Printable & Easy to Use Infor M3 M3-123 Dumps 100% Same Q&A In Your Real Exam
NEW QUESTION # 12
Which three of the following options are grouped into classes and sub-classes in order to process supplier invoices? (Choose three.)
- A. Payment batch
- B. Payment method
- C. Payment class
- D. Payment file
- E. Payment type
Answer: B,C,E
NEW QUESTION # 13
Which two of the following rules are primarily used for processing customer invoices and credit notes? (Choose two.)
- A. AR10
- B. AR50
- C. AR20
- D. AR30
Answer: A,D
NEW QUESTION # 14
Which three of the following functions relating to the Infor M3 hierarchy are responsible for managing item establishment? (Choose three.)
- A. Item. Facility
- B. Item. Warehouse
- C. Item. Open
- D. Item. Company
- E. Item. Location
Answer: A,B,E
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. AP30
- C. AP10
- D. AP20
Answer: D
NEW QUESTION # 16
Which one of the following accounting events handles distribution between warehouses?
- A. PC10
- B. MM20
- C. MM50
- D. 0I20
Answer: B
NEW QUESTION # 17
You need to create the rules for managing accounts payable at the division level and to have an automated workflow for authorizing, recoding, and approving supplier invoices for payment. Which one of the following programs would you use?
- A. Accounting Rule. Set (CRS395)
- B. Settings - Accounts Payable (APS905)
- C. FAM Function. Open Details
- D. Credit Monitoring. Process (RMS420)
- E. AR Payment Method. Open (CRS076)
Answer: B
NEW QUESTION # 18
A customer calls a facility from a division to purchase a product. You create a customer order to manage the delivery to the customer from another warehouse belonging to a different division. The customer later receives an invoice from the facility that received the order, and the goods are sent from the warehouse belonging to the other division. Which one of the following items represents the Infor M3 invoicing system that manages invoices between different divisions belonging to the same company?
- A. Business Performance Warehouse
- B. Multi-unit coordination (MUC)
- C. Cost accounting
- D. Consolidation
Answer: B
NEW QUESTION # 19
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. Group Consolidation
- B. Fixed Assets
- C. Multiple Unit Coordination (MUC)
- D. Accounts Receivable
Answer: C
NEW QUESTION # 20
Which one of the following Accounts Payable master files is common for all divisions related to a company and needs to be defined in Infor M3?
- A. Bank
- B. User
- C. Number series
- D. Supplier
Answer: D
NEW QUESTION # 21
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. Period Accounting. Update (GLS140)
- C. Unrealized Exchange Rate Variance. Update (GLS160)
- D. A/C Allocation. Update (GLS130)
Answer: D
NEW QUESTION # 22
You are configuring cost accounting on CAS900/E and are setting up 032 Split COGS into costing elements - purchased items. You want to have the total inventory cost post as one transaction using accounting type 971. Which one of the following options would you select?
- A. 3 = Same as alternative
- B. 0 = No split
- C. 1 = Split per costing element
- D. 4 = Split
Answer: B
NEW QUESTION # 23
You have defined a document location path in Ad Hoc Document Location. Open (AHS020/E), but no reports turn up at your set destination, neither at the root nor the dedicated user folder. Which one of the following explains why?
- A. The out service, for example StreamServe, is not set up correctly.
- B. You have not ended the path with a backslash.
- C. A record connected to your user is not set up in Output Media Selection. Open (MNS205).
- D. You have selected the wrong Doc location method.
- E. You haven't activated Save file in Ad Hoc Report. Open (AHS010).
Answer: A
NEW QUESTION # 24
Which one of the following programs do you typically use to select one costing model for purchase costing and one for distribution costing for each combination of item and facility?
- A. Item. Connect Facility (MMS003/F)
- B. Settings - Product Costing (PCS001)
- C. Costing Element. Open (PPS280)
- D. Settings - Purchasing (CRS780)
Answer: B
NEW QUESTION # 25
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. Credit memo
- B. Accounting rule set
- C. Statement of Account
- D. Voucher
Answer: A
NEW QUESTION # 26
When configuring the supplier master Supplier. Open (CRS620) in Infor M3, another table setup is mandatory. Which one of the following table setups is required?
- A. Supplier. Connect Item (PPS040)
- B. Bank Account. Open (CRS692/B)
- C. Supplier. Define Purchase Financial (CRS624)
- D. Supplier. Connect Address (CRS622)
Answer: C
NEW QUESTION # 27
Which one of the following programs is where you can examine and change incorrect transactions?
- A. Internal Account Entry. Open (CAS300)
- B. Internal Account Entry. Create (CAS950)
- C. Journal Voucher. Enter (CAS100)
- D. Internal Allocation. Calculate (CAS130)
Answer: A
NEW QUESTION # 28
You want to create account entries for goods receipt when exiting Purchase Order. Receive Goods (PPS300) so that general ledger is updated. Which one of the following Create Account Entries at Goods Receipt field alternatives must you select on CAS900 so this happens?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 29
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