Free Infor M3-123 Exam Practice Questions & Explanations

Last updated on: Aug 25, 2026
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Question 1

You need to review the standard cost calculation of acquired items. Which one of the following should you use?

Answer Options
Correct Answer: B
Question 2

Which three of the following options make up an accounting rule? (Choose three.)

Answer Options
Correct Answer: A, D, E
Question 3

Which one of the following programs must be run to generate cost accounting entries?

Answer Options
Correct Answer: C
Question 4

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?

Answer Options
Correct Answer: A
Question 5

Which one of the following Accounts Payable master files is common for all divisions related to a company and needs to be defined in Infor M3?

Answer Options
Correct Answer: A