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M3-123 Infor Certified M3 Finance Consultant Questions and Answers

Questions 4

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?

Options:

A.

VAT code

B.

VAT exceptions

C.

VAT report from date

D.

VAT values for FAM functions

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Questions 5

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

Options:

A.

General ledger

B.

Time accounting

C.

Accounts receivable

D.

Purchase orders and purchase order processing

E.

Budgeting

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Questions 6

Which one of the following programs do you typically use to select one costing model for purchase costing and one for distribution costing for each combination of item and facility?

Options:

A.

Settings - Purchasing (CRS780)

B.

Costing Element. Open (PPS280)

C.

Settings - Product Costing (PCS001)

D.

Item. Connect Facility (MMS003/F)

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Questions 7

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

Options:

A.

Supplier Invoice.Recode (APS110)

B.

Supplier Payment.Enter Manual (APS120)

C.

Supplier Invoice.Record (APS100)

D.

Supplier Payment Proposal.Open (APS130)

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Questions 8

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

Options:

A.

Journal Voucher. Update Recurring (GLS175)

B.

Unrealized Exchange Rate Variance. Update (GLS160)

C.

Period Accounting. Update (GLS140)

D.

A/C Allocation. Update (GLS130)

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Questions 9

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

Options:

A.

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

B.

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

C.

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

D.

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

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Questions 10

You want to create account entries for goods receipt when exiting Purchase Order. Receive Goods (PPS300) so that general ledger is updated. Which one of the following Create Account Entries at Goods Receipt field alternatives must you select on CAS900 so this happens?

Options:

A.

2

B.

1

C.

3

D.

4

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Exam Code: M3-123
Exam Name: Infor Certified M3 Finance Consultant
Last Update: Sep 12, 2025
Questions: 73

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