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M3-123 Sample Questions Answers

Questions 4

Which two of the following programs need to be checked at Year End and updated? (Choose two.)

Options:

A.

MFS240

B.

MFS165

C.

CRS400

D.

CRS410

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Questions 5

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)?

Options:

A.

Multiple Unit Coordination (MUC)

B.

Group Consolidation

C.

Fixed Assets

D.

Accounts Receivable

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Questions 6

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

Options:

A.

Invoice post-processing

B.

Closing the order line

C.

Automatic allocation

D.

Bank statement processing

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Questions 7

Which one of the following Financial Application Management (FAM) functions contains most of the workflow options for processing supplier invoices?

Options:

A.

AP30

B.

AP50

C.

AP10

D.

AP20

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Questions 8

You are matching a purchase order to a supplier invoice. There is a difference between the purchase order record and the amount of the invoice received from the supplier. Which one of the following tasks do you complete prior to recoding the invoice?

Options:

A.

Approve the invoice for payment

B.

Approve the invoice variance

C.

Split the invoice

D.

Reject the invoice for payment

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Questions 9

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 10

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?

Options:

A.

Exception rule

B.

Override rule

C.

Customer group rule

D.

FAM rule

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Exam Code: M3-123
Exam Name: Infor Certified M3 Finance Consultant
Last Update: Mar 3, 2024
Questions: 73
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