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Exam M3-123 topic 1 question 37 discussion

Actual exam question from Infor's M3-123
Question #: 37
Topic #: 1
[All M3-123 Questions]

You are creating a supplier bank account. Which one of the following types of bank account do you need to create that?

  • A. Bank account type 2
  • B. Bank account type 3
  • C. Bank account type 4
  • D. Bank account type 1
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Suggested Answer: D 🗳️

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pip1234
2 months, 1 week ago
Selected Answer: B
Bank account type 3 is designated as a "Supplier bank account." This type of account is linked to suppliers in the 'Supplier. Open' (CRS620) program. It is used for managing payments to suppliers and is part of the bank account structure within the M3 Financial Accounting system.
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pip1234
8 months, 2 weeks ago
https://docs.infor.com/m3udi/16.x/en-us/m3beud/default.html
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pip1234
8 months, 2 weeks ago
This answer is not correct. In Program CRS692 - 'Bank Account. Open' 03 = Supplier Bank Account
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