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Infor M3-123 Exam - Topic 3 Question 70 Discussion

In some countries, the transactions from the cost accounting module are considered internal entries as opposed to external entries, which are typically generated from an actual document such as an invoice. Which one of the following options is what you need to do to the internal entries?
A) Identify them separately in the general ledger.
B) Identify them as external entries in the general ledger.
C) Combine the entries into one entry in the general ledger.
D) Do not distinguish between internal entries and external entries.

Infor M3-123 Exam - Topic 3 Question 70 Discussion

Actual exam question for Infor's M3-123 exam
Question #: 70
Topic #: 3
[All M3-123 Questions]

In some countries, the transactions from the cost accounting module are considered internal entries as opposed to external entries, which are typically generated from an actual document such as an invoice. Which one of the following options is what you need to do to the internal entries?

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Suggested Answer: A

by Hortencia at Aug 19, 2026, 08:02 AM

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Tawna
3 days ago
D seems risky, better to keep them distinct!
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Shannon
9 days ago
B is definitely wrong, they should stay internal!
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Aleta
14 days ago
Wait, are internal entries really that different?
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Georgiana
19 days ago
Totally agree with that!
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Jannette
24 days ago
A) Identify them separately in the general ledger.
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Lezlie
29 days ago
I vaguely recall that we shouldn't mix internal and external entries, but I can't remember if we should combine them or keep them distinct.
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Sheron
1 month ago
I'm a bit confused about whether internal entries should be labeled as external or not. I feel like that could lead to misinterpretation in the ledger.
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Karan
1 month ago
I think we had a practice question similar to this, and I believe the answer was to identify them separately. That makes sense for clarity in reporting.
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Sabra
1 month ago
I remember we discussed how internal entries should be treated differently in the general ledger, but I'm not sure if they should be combined or identified separately.
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