Infor Certified M3 Finance Consultant

Here you have the best Infor M3-123 practice exam questions

You have 30 total questions to study from
Each page has 5 questions, making a total of 6 pages
You can navigate through the pages using the buttons at the bottom
This questions were last updated on May 11, 2025
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Question 1 of 30

Which three of the following options make up an accounting rule? (Choose three.)

Accounting event

Accounting invoice

Accounting string

Accounting type

Accounting ledger

Correct Answer: A, D, E

Question 2 of 30

You want to enter an invoice as Invoiced/Goods Not Received when the invoice is matched to a PO in Supplier Invoice. Record (APS100). Which one of the following master supplier fields indicates whether it is possible to do that?

Auto inv approve (Automatic invoice approval code)

Inv approv cond (Invoice approval condition) 3

Inv approv cond (Invoice approval condition 1)

Inv approv cond (Invoice approval condition 2)

Correct Answer: B

Question 3 of 30

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

System failed to synchronize

Item out of stock

Transaction price missing due to missing inventory value of the item

Deviation of demand forecast from actual demand

Correct Answer: D

Question 4 of 30

Which two of the following are benefits of Ad Hoc Reporting? (Choose two.)

Reduces the cost of modifications to Infor M3 standard reports and extra customer-unique reports during and after implementation

Ensures that Infor M3 users can view everything they want to see

Integrates with Infor M3’s auto jobs to enable reports to run and be delivered to users on an ad hoc basis

Requires minimal training as the tool is built on all the existing standards that exist within Infor M3 and Infor Smart Office

Correct Answer: A, C

Question 5 of 30

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?

Exception rule

Override rule

Customer group rule

FAM rule

Correct Answer: C