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Infor M3-123 Exam - Topic 1 Question 32 Discussion

Which two of the following Cost Accounting Errors exist in Internal Cost Accounting? (Choose two.)
C) Accounting string error
A) Currency error
B) Rounding differences error
D) Zero Price error correct

Infor M3-123 Exam - Topic 1 Question 32 Discussion

Actual exam question for Infor's M3-123 exam
Question #: 32
Topic #: 1
[All M3-123 Questions]

Which two of the following Cost Accounting Errors exist in Internal Cost Accounting? (Choose two.)

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Suggested Answer: C

by Joni at Jul 18, 2024, 11:53 PM

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Daren
10 months ago
I disagree, I don't think A is a real error.
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Shakira
10 months ago
Wait, zero price error? Is that even a thing?
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Valentine
10 months ago
I always see rounding differences messing things up.
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Rickie
10 months ago
I think A is a common one too.
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Kirk
10 months ago
Definitely B and C!
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Misty
11 months ago
Rounding differences seem right, but I’m uncertain about the other one. Maybe it’s accounting string errors?
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Remedios
11 months ago
I practiced a similar question, and I feel like zero price errors were mentioned, but I can't recall if they apply here.
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Brice
11 months ago
I think currency errors are definitely a possibility, but accounting string errors sound familiar too.
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Felix
11 months ago
I remember studying about rounding differences, but I'm not entirely sure about the second error.
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Vicky
11 months ago
I've got this! The two cost accounting errors in internal cost accounting are currency error and rounding differences error. Easy peasy.
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Rolland
11 months ago
Okay, let's see. Currency error and accounting string error seem like the most relevant choices here. I'll double-check my notes to make sure I'm not missing anything.
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Valene
11 months ago
Hmm, this is a tricky one. I'm not totally sure about the differences between the options. I'll have to think it through carefully before selecting my answer.
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Earnestine
11 months ago
I'm pretty confident I know the answer to this one. Currency error and rounding differences error seem like the most common cost accounting errors in internal cost accounting.
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Sheldon
11 months ago
I'm a bit confused by the wording of this question. What exactly do they mean by "internal cost accounting"? I want to make sure I understand the context before I choose my answer.
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Nieves
12 months ago
I think the key here is understanding the difference between dimensions and measures. Dimensions are the categories or labels, while measures are the numeric values. For a scatter chart, you need one dimension and two measures to plot the x and y coordinates. So I'll go with B, one dimension and two measures.
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Sarina
12 months ago
Hmm, I'm a bit unsure about this one. The fact that the partnership agreement is silent on the duration makes it tricky. I'll need to think through the default rules for partnerships of indefinite duration.
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Lorrie
1 year ago
I bet the Rounding differences error is the other correct answer. You'd be surprised how much those tiny decimals can add up.
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Hillary
1 year ago
User 3: It's important to double check those decimals to avoid any costly mistakes.
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Dalene
1 year ago
User 2: I agree, those rounding errors can really impact the final cost calculations.
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Trina
1 year ago
User 1: I think the correct answers are D) Zero Price error and B) Rounding differences error.
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Vince
1 year ago
Ooh, the Currency error is a good one too. Gotta be careful with those pesky exchange rates, you know?
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Dawne
1 year ago
B) Rounding differences error
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Joana
1 year ago
A) Currency error
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Lina
1 year ago
Hmm, the Accounting string error sounds like it could be another one. Those tricky little typos can really mess up the numbers.
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Josefa
1 year ago
C) Accounting string error
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Arthur
1 year ago
A) Currency error
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Oliva
1 year ago
I'm pretty sure the Zero Price error is one of the correct answers. That's a classic mistake in internal cost accounting.
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Lashawnda
1 year ago
I'm not sure about Accounting string error. But I think Zero Price error is also a common mistake in Cost Accounting.
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Sol
1 year ago
I agree with Jules. Currency error and Rounding differences error can definitely cause issues in Cost Accounting.
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Jules
1 year ago
I think A) Currency error and B) Rounding differences error are the Cost Accounting Errors in Internal Cost Accounting.
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