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Infor M3-123 Exam - Topic 1 Question 15 Discussion

Posted by Salena on Oct 18, 2023 at 02:52 PM

Which one of the following describes a payment type when there is no invoice to match against the payment?

Suggested Answer: D

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37 comments · newest first
JA
Janae 11 months ago
Hmm, I’m not sure about that one.
TU
Tu 11 months ago
Wait, is "Full" even an option?
RE
Rebbeca 12 months ago
"Partial" doesn't fit here.
PA
Pamella 12 months ago
I thought it was "Cash."
JU
Juan 12 months ago
It's definitely "On-account."
LI
Linwood 1 year ago
I feel like "On-account" is the right choice, but I wish I could recall more examples to be certain.
JO
Jovita 1 year ago
I'm a bit confused. "Partial" payments usually relate to invoices, right? So that can't be it.
RO
Royal 1 year ago
I remember practicing a question similar to this, and I think "Cash" could be a possibility since it doesn't always require an invoice.
RA
Raina 1 year ago
I think the answer might be "On-account," but I'm not entirely sure if that fits the description of having no invoice.
TO
Tom 1 year ago
I'm a bit confused by this question. Is On-account the same as a cash payment? I'm not entirely sure about the differences between the payment types here.
PA
Page 1 year ago
Hmm, I'm a little unsure about this one. I know there's a payment type when there's no invoice, but I can't remember if it's called On-account or something else.
SC
Scarlet 1 year ago
This one seems pretty straightforward. I'm pretty sure the answer is C, On-account.
LI
Lili 1 year ago
Okay, let me think this through. If there's no invoice to match the payment against, then it must be some kind of unmatched payment. I'm going to go with C, On-account.
MA
Marge 1 year ago
Okay, I think I've got a handle on this. I'll review the "Tax System" spec, identify the key boundary values, and then select the one that I think would uncover the most important or critical issues if it was tested.
JA
Jamal 1 year ago
Hmm, I'm not too familiar with Power Platform dataflows. Is that the best option, or would importing from a CSV file be a simpler approach?
JO
Jolanda 1 year ago
I think the characters we're looking for are the hash and the exclamation point, but I'm not entirely sure if it's #! or something else.
AD
Adelaide 1 year ago
I'm pretty sure the answer is E) Unicorn Payment. You know, when the money appears out of thin air and the accountants just stare at it in bewilderment.
WI
Willetta 1 year ago
C) On-account, definitely. It's like when you just casually toss your money at the company and say, 'Figure it out, will ya?'
ST
Stevie 1 year ago
↳ replying to Willetta
D) Full
JA
Jamal 1 year ago
↳ replying to Willetta
C) On-account
NA
Nan 1 year ago
↳ replying to Willetta
B) Partial
CO
Coleen 1 year ago
↳ replying to Willetta
A) Cash
LA
Launa 1 year ago
Hmm, B) Partial? That's when you only pay a portion of the invoice, right? Wait, there's no invoice in this case. Nevermind, I'm lost.
FR
Franchesca 1 year ago
↳ replying to Launa
User 3: C) On-account
OR
Ora 1 year ago
↳ replying to Launa
User 2: B) Partial
MA
Ma 1 year ago
↳ replying to Launa
User 1: A) Cash
TR
Trinidad 1 year ago
I thought the answer was D) Full. You know, when you pay the entire balance without any invoice. Makes total sense, right?
DO
Doretha 1 year ago
↳ replying to Trinidad
C) On-account
RO
Ronald 1 year ago
↳ replying to Trinidad
B) Partial
GA
Garry 1 year ago
↳ replying to Trinidad
A) Cash
FR
Frederick 2 years ago
C) On-account seems like the correct answer here. When there's no invoice to match, the payment is applied to the customer's account balance.
GA
Gail 1 year ago
↳ replying to Frederick
C) On-account
RE
Reena 1 year ago
↳ replying to Frederick
B) Partial
YA
Yaeko 1 year ago
↳ replying to Frederick
A) Cash
LE
Lezlie 2 years ago
I'm not sure, but I think C) On-account could also be a valid option since it doesn't necessarily require an invoice.
RO
Ronny 2 years ago
I agree with Socorro, because cash payments do not require an invoice to match against.
SO
Socorro 2 years ago
I think the answer is A) Cash.
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