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Infor Exam M3-123 Topic 4 Question 45 Discussion

Actual exam question for Infor's M3-123 exam
Question #: 45
Topic #: 4
[All M3-123 Questions]

Which one of the following components determines which value-added tax (VAT) method and VAT rate to apply for a specific type of business transaction?

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Suggested Answer: B

Contribute your Thoughts:

Paris
1 months ago
You know, if the answer was 'VAT fairy' I might be tempted to choose that. At least it would be more interesting than these other options!
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Junita
9 days ago
D) VAT values for FAM functions
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German
15 days ago
C) VAT report from date
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Georgiana
19 days ago
B) VAT exceptions
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Junita
20 days ago
A) VAT code
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Kimbery
1 months ago
VAT values for FAM functions? What is this, a secret code? Let's keep it simple and go with the VAT code, shall we?
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Nikita
1 months ago
VAT report from date? Nah, that's just telling you when the tax was filed, not how to apply it. Come on, people, think it through!
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Lavonne
2 days ago
B) VAT exceptions
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Lauran
16 days ago
A) VAT code
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Lindsey
2 months ago
VAT exceptions? Really? That's like trying to figure out your taxes by looking at the loopholes. Not the way to go, my friend.
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Lilli
2 days ago
Yeah, VAT exceptions might not be the best way to determine the VAT method and rate.
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Carli
3 days ago
I think VAT code is the key component here.
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Francoise
7 days ago
D) VAT values for FAM functions
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Julio
8 days ago
C) VAT report from date
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Alva
9 days ago
B) VAT exceptions
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Lonny
15 days ago
A) VAT code
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Mila
2 months ago
Hmm, that's interesting. Can you explain why you think that?
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Whitley
2 months ago
I disagree, I believe it's D) VAT values for FAM functions.
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Mila
2 months ago
I think the answer is A) VAT code.
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Tawny
2 months ago
The VAT code seems like the obvious choice here. After all, it's the component that's all about determining the tax method and rate, right?
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Lajuana
27 days ago
User 4: Definitely, the VAT code is what determines the VAT method and rate.
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Charlette
29 days ago
User 3: So, it's settled then, the VAT code is the answer.
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Rosendo
1 months ago
User 2: I agree, the VAT code is crucial for applying the correct tax.
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Yoko
1 months ago
User 1: I think the VAT code is the key component for determining the VAT method and rate.
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