Free Infor M3-123 Practice Exam with Questions & Answers

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)?

When Infor M3 updates the cost accounting system with financial transactions, it adds information to the database, which is moved to several user-defined accounting dimensions used for reporting and analyses. Which one of the following options represents the number of user-defined accounting dimensions that can be set in Infor M3?

Which one of the following programs do you always start with first before proceeding to Transaction Work File. Restart Erroneous Jobs (GLS037) with a restarted job that appears as erroneous?

Which one of the following General Ledger Financial Accounting Management (FAM) functions do you use for account allocations and accounts distributions?

Which one of the following programs is where you can examine and change incorrect transactions?

Which one of the following components determines which value-added tax (VAT) method and VAT rate to apply for a specific type of business transaction?

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

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?

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?

Which one of the following accounting events handles distribution between warehouses?