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Infor Certified M3 Finance Consultant Sample Questions (Q62-Q67):
NEW QUESTION # 62
Which one of the following processes updates the standard cost of an item?
- A. Getting acquired items into inventory
- B. Calculating the cost of acquiring items
- C. Manufacturing items
- D. Re-selling acquired items
Answer: B
NEW QUESTION # 63
You are creating a supplier bank account. Which one of the following types of bank account do you need to create that?
- A. Bank account type 1
- B. Bank account type 3
- C. Bank account type 2
- D. Bank account type 4
Answer: A
NEW QUESTION # 64
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?
- A. VAT code
- B. VAT exceptions
- C. VAT report from date
- D. VAT values for FAM functions
Answer: A
NEW QUESTION # 65
Which one of the following settings sorts and filters different database views allowing you to review the numbers posted to one or several accounting dimensions when updating the general ledger?
- A. Costing model
- B. Balance key
- C. Sorting ID
- D. FAM function
Answer: B
NEW QUESTION # 66
Which one of the following accounts always has precedence over a general account for the same supplier?
- A. Master
- B. User-authorized
- C. Employee
- D. Division-specific
Answer: C
NEW QUESTION # 67
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