M3-123

M3-123 practice questions, page 3 of 3, with answer review and explanations.

Question 11

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

  1. Reduces the cost of modifications to Infor M3 standard reports and extra customer-unique reports during and after implementation
  2. Ensures that Infor M3 users can view everything they want to see
  3. Integrates with Infor M3’s auto jobs to enable reports to run and be delivered to users on an ad hoc basis
  4. Requires minimal training as the tool is built on all the existing standards that exist within Infor M3 and Infor Smart Office

Question 12

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?

  1. Accounting Rule. Set (CRS395)
  2. FAM Function. Open Details
  3. AR Payment Method. Open (CRS076)
  4. Credit Monitoring. Process (RMS420)
  5. Settings - Accounts Payable (APS905)

Question 13

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?

  1. VAT code
  2. VAT exceptions
  3. VAT report from date
  4. VAT values for FAM functions

Question 14

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?

  1. Exception rule
  2. Override rule
  3. Customer group rule
  4. FAM rule