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Infor Exam M3-123 Topic 1 Question 21 Discussion

Actual exam question for Infor's M3-123 exam
Question #: 21
Topic #: 1
[All M3-123 Questions]

Which two of the following describe account groups in Infor M3? (Choose two.)

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Suggested Answer: B

by Helene at Mar 10, 2024, 09:55 AM

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Tayna
1 months ago
Definitely going with A and C. The other options just seem a bit off. Though I do wonder if the exam writers were trying to slip in a trick question with that 'six levels' bit. Gotta stay on my toes!
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Elbert
3 days ago
I'm also going with A and C. The 'six levels' option does seem a bit suspicious.
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Chantell
18 days ago
Yeah, I think the same. A and C are the most logical choices.
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Micheline
22 days ago
I agree, A and C make the most sense. The others don't seem quite right.
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Roselle
1 months ago
Haha, I love how they always try to trick us with these questions. 'Account groups are defined at the division level but not the company level' - what a weird option!
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Edwin
21 days ago
Yeah, they always try to make it tricky with the options.
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Alesia
22 days ago
C) Each account group must be defined as included in the statement of account or the balance sheet.
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Audry
1 months ago
A) Account group levels determine the order in which accounts within an account group are listed on an income statement of income or balance sheet.
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Roslyn
2 months ago
I'm not sure about B and D. I think they are not relevant to account groups in Infor M3.
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Maurine
2 months ago
I agree with Chauncey. Account group levels determine the order and each account group must be defined in the statement.
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Hobert
2 months ago
I'm confused about the number of levels, though. I thought there were more than six, but I could be wrong. Guess I'll have to double-check that one.
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Shaun
9 days ago
User 2: Account group levels determine the order on the income statement or balance sheet.
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Timothy
21 days ago
User 1: I think there are six levels of account groups.
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Bettyann
2 months ago
I'm pretty sure the answer is A and C. Account groups determine the order of accounts on financial statements, and they need to be defined for inclusion in those statements.
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Wenona
26 days ago
Exactly, A and C are the correct choices for describing account groups in Infor M3.
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Dorthy
28 days ago
So, account group levels determine the order of accounts, and each group must be included in the statements.
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Nieves
1 months ago
I agree, account groups determine the order of accounts and need to be included in financial statements.
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Gerald
1 months ago
I think you're right, A and C make sense.
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Chauncey
2 months ago
I think A and C are the correct options.
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