Pass the Infor Infor M3 M3-123 Questions and answers with CertsForce

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Questions # 1:

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


Expert Solution
Questions # 2:

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

Options:

A.

Order Costing. Display (CAS310)


B.

Order Costing. Release (CAS320)


C.

Internal Account Entry. Create (CAS950)


D.

Order Costing Balance File. Display (CAS330)


Expert Solution
Questions # 3:

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


Expert Solution
Questions # 4:

Which one of the following programs do you use to register a supplier for Accounts Payable?

Options:

A.

Supplier Payment Proposal.Open (APS130)


B.

Supplier Item.Connect Manufacturer (PPS041)


C.

Supplier.Connect Items (PPS040)


D.

Supplier.Open (CRS620)


Expert Solution
Questions # 5:

Which two of the following describe account groups in Infor M3? (Choose two.)

Options:

A.

Account group levels determine the order in which accounts within an account group are listed on an income statement of income or balance sheet.


B.

Account groups are defined at the division level but not the company level.


C.

Each account group must be defined as included in the statement of account or the balance sheet.


D.

Six levels of account groups exist.


Expert Solution
Questions # 6:

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?

Options:

A.

Accounting Rule. Set (CRS395)


B.

FAM Function. Open Details


C.

AR Payment Method. Open (CRS076)


D.

Credit Monitoring. Process (RMS420)


E.

Settings - Accounts Payable (APS905)


Expert Solution
Questions # 7:

Which two of the following items can be updated when post-processing invoices? (Choose two.)

Options:

A.

Automatic invoicing


B.

VAT proposal


C.

Invoice account entries


D.

Transfers to receivables and the general ledger


Expert Solution
Questions # 8:

Which of the following describe account groups in Infor M3?

Options:

A.

Account group levels determine the order in which accounts within an account group are listed on an income statement of income or balance sheet.


B.

Account groups are defined at the division level but not the company level.


C.

Six levels of account groups exist.


Expert Solution
Questions # 9:

You want to regularly trigger an automatic check for invoice lines that are not completely matched and have their quantities automatically matched and approved. Which one of the following programs do you use to do this check?

Options:

A.

Supplier Invoice.Auto Match GL Line (APS375)


B.

Supplier Invoice.Select Trans to Match (APS351)


C.

Supplier Invoice.Recode (APS100)


D.

Supplier Invoice.Select to Match (APS350)


Expert Solution
Questions # 10:

Which one of the following programs allows you to manually enter supplier invoices for payment?

Options:

A.

Supplier Invoice.Record (APS100)


B.

Supplier Invoice. Recode (APS110)


C.

Supplier Payment Proposal.Open (APS130)


D.

Supplier Invoice Batch.Open (APS450)


Expert Solution
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