2024 Latest Infor M3-123 Real Exam Dumps PDF [Q17-Q35]

NEW QUESTION 17
Which one of the following programs do you use to register a supplier for Accounts Payable?

Supplier Payment Proposal.Open (APS130)

Supplier Item.Connect Manufacturer (PPS041)

Supplier.Connect Items (PPS040)

Supplier.Open (CRS620)

NEW QUESTION 18
Which one of the following options describes why you use distribution costing?

To centralize manufacturing and move goods to the customer

To calculate the company’s cost for moving goods internally between warehouses/facilities

To move goods to a vendor

To calculate the company’s cost for moving goods to the manufacturer

NEW QUESTION 19
Which one of the following activities is part of purchase costing?

Calculating the cost of acquiring items

Getting acquired items into inventory

Manufacturing items

Re-selling acquired items

NEW QUESTION 20
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?

Accounting Rule. Set (CRS395)

FAM Function. Open Details

AR Payment Method. Open (CRS076)

Credit Monitoring. Process (RMS420)

Settings – Accounts Payable (APS905)

NEW QUESTION 21
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?

Accounting Identity. Open (CRS630)

System Calendar. Open (CRS900)

Period Accounting. Update (GLS140)

Fiscal Year. Periods (GLS986/B)

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?

0 = No split

4 = Split

3 = Same as alternative

1 = Split per costing element

NEW QUESTION 23
Which one of the following Financial Application Management (FAM) functions contains most of the workflow options for processing supplier invoices?

AP20

AP10

AP30

AP50

NEW QUESTION 24
Which three of the following functions relating to the Infor M3 hierarchy are responsible for managing item establishment? (Choose three.)

Item. Company

Item. Warehouse

Item. Facility

Item. Location

Item. Open

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?

Voucher

Accounting rule set

Statement of Account

Credit memo

NEW QUESTION 26
You need to define transport cost from warehouse B to warehouse C, because it requires a different delivery method than used when transporting the same item from warehouse A. Which one of the following programs do you use to distinguish distribution costs depending on optional factors?

Accounting Rule. Set (CRS395)

Purchase/ Distribution Costing. Calculate (PCS280)

Internal Transfer Price. Open (MFS001)

Distribution Relation. Open (DPS001)

NEW QUESTION 27
Which one of the following occurs when a cost accounting error occurs?

Transactions are stopped from being transferred to the general ledger

Transaction error log is created in the system

Transactions are transferred and flagged in the general ledger

General ledger balance file is generated

NEW QUESTION 28
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)

NEW QUESTION 29
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?

Accounting Identity. Open (CRS630)

System Calendar. Open (CRS900)

Period Accounting. Update (GLS140)

Fiscal Year. Periods (GLS986/B)

NEW QUESTION 30
Which one of the following describes what is created in Infor M3 to prepare a list of invoices that are due for payment?

Cost account entry

Payment proposal

Journal voucher entry

Invoice proposal

NEW QUESTION 31
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?

0 = No split

4 = Split

3 = Same as alternative

1 = Split per costing element

NEW QUESTION 32
Which two of the following situations create account entries for accounting rule PP10? (Choose two.)

Goods are reported as received in Purchase Order. Receive Goods (PPS300)

Supplier’s invoice is matched to one or more purchase order lines in Supplier Invoice. Match GR Line (APS360)

Goods receipts are deleted in Purchase Order. Display Line Trans (PPS330)

Goods are reported as received in Purchase Order. Put Away Goods (PPS320)

NEW QUESTION 33
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?

You have not ended the path with a backslash.

The out service, for example StreamServe, is not set up correctly.

A record connected to your user is not set up in Output Media Selection. Open (MNS205).

You haven’t activated Save file in Ad Hoc Report. Open (AHS010).

You have selected the wrong Doc location method.

NEW QUESTION 34
Which three of the following options make up an accounting rule? (Choose three.)

Accounting event

Accounting invoice

Accounting string

Accounting type

Accounting ledger

NEW QUESTION 35
Which three of the following describe accounting structures? (Choose three.)