[Nov 20, 2023] M3-123 Free Exam Questions with Quality Guaranteed [Q39-Q62]

QUESTION 39
Which one of the following is created when an invoice is received in Infor M3 as a document record relating to a business transaction?

QUESTION 40
Which one of the following options needs to be generated for at least the current year and the next two years and also needs to be generated as far back as the earliest period for which historical data will be entered?

QUESTION 41
You need to show all unpaid accounts receivable invoices, including credit invoices, per payer or customer and currency. Which one of the following statements should you create?

QUESTION 42
Which one of the following Financial Application Management (FAM) functions contains most of the workflow options for processing supplier invoices?

QUESTION 43
You need to retrieve the purchase price for purchase costing. Which two of the following programs should you use? (Choose two.)

QUESTION 44
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?

QUESTION 45
Which three of the following Infor M3 modules and programs does the Accounts Payable module integrate with? (Choose three.)

QUESTION 46
Which one of the following programs allows you to recode, authorize, and approve invoices for payment?

QUESTION 47
You need to review the standard cost calculation of acquired items. Which one of the following should you use?

QUESTION 48
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.)

QUESTION 49
You have an invoice where the invoiced quantity is not equal to the received quantity. You do not expect to receive any more goods for the purchase order.
Which one of the following options is a way you can handle this invoice using Supplier Invoice.Match GR Line (APS360)?

QUESTION 50
You need to view the cost of individual manufacturing orders. Which one of the following programs should you use?

QUESTION 51
Which one of the following is a reason that a cost account error may be generated?

QUESTION 52
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?

QUESTION 53
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?

QUESTION 54
Which one of the following do you use to define the due date calculation for supplier invoices or customer invoices?

QUESTION 55
In some countries, the transactions from the cost accounting module are considered internal entries as opposed to external entries, which are typically generated from an actual document such as an invoice. Which one of the following options is what you need to do to the internal entries?

QUESTION 56
Which one of the following programs do you use to define settings for cost accounting?

QUESTION 57
Which three of the following options are grouped into classes and sub-classes in order to process supplier invoices? (Choose three.)

QUESTION 58
Which one of the following programs allows you to recode, authorize, and approve invoices for payment?

QUESTION 59
Which one of the following processes updates the standard cost of an item?

QUESTION 60
Which of the following describe account groups in Infor M3?

QUESTION 61
You are configuring multi unit coordination (MUC) and defining the invoice number series. Which one of the following needs invoice number series definition?

QUESTION 62
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?