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Infor M3-123 Exam - Topic 1 Question 15 Discussion

Which one of the following describes a payment type when there is no invoice to match against the payment?
D) Full
A) Cash
B) Partial
C) On-account

Infor M3-123 Exam - Topic 1 Question 15 Discussion

Actual exam question for Infor's M3-123 exam
Question #: 15
Topic #: 1
[All M3-123 Questions]

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

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Suggested Answer: D

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

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Janae
10 months ago
Hmm, I’m not sure about that one.
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Tu
10 months ago
Wait, is "Full" even an option?
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Rebbeca
10 months ago
"Partial" doesn't fit here.
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Pamella
10 months ago
I thought it was "Cash."
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Juan
10 months ago
It's definitely "On-account."
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Linwood
11 months ago
I feel like "On-account" is the right choice, but I wish I could recall more examples to be certain.
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Jovita
11 months ago
I'm a bit confused. "Partial" payments usually relate to invoices, right? So that can't be it.
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Royal
11 months 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.
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Raina
11 months ago
I think the answer might be "On-account," but I'm not entirely sure if that fits the description of having no invoice.
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Tom
11 months 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.
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Page
11 months 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.
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Scarlet
11 months ago
This one seems pretty straightforward. I'm pretty sure the answer is C, On-account.
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Lili
11 months 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.
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Marge
11 months 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.
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Jamal
12 months 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?
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Jolanda
12 months 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.
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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.
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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?'
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Stevie
1 year ago
D) Full
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Jamal
1 year ago
C) On-account
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Nan
1 year ago
B) Partial
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Coleen
1 year ago
A) Cash
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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.
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Franchesca
1 year ago
User 3: C) On-account
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Ora
1 year ago
User 2: B) Partial
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Ma
1 year ago
User 1: A) Cash
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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?
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Doretha
1 year ago
C) On-account
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Ronald
1 year ago
B) Partial
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Garry
1 year ago
A) Cash
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Frederick
1 year 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.
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Gail
1 year ago
C) On-account
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Reena
1 year ago
B) Partial
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Yaeko
1 year ago
A) Cash
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Lezlie
1 year 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.
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Ronny
1 year ago
I agree with Socorro, because cash payments do not require an invoice to match against.
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Socorro
1 year ago
I think the answer is A) Cash.
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