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Exam M3-123 All Questions

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Exam M3-123 topic 1 question 17 discussion

Actual exam question from Infor's M3-123
Question #: 17
Topic #: 1
[All M3-123 Questions]

Which one of the following General Ledger Financial Accounting Management (FAM) functions do you use for account allocations and accounts distributions?

  • A. Journal Voucher. Update Recurring (GLS175)
  • B. Unrealized Exchange Rate Variance. Update (GLS160)
  • C. Period Accounting. Update (GLS140)
  • D. A/C Allocation. Update (GLS130)
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Suggested Answer: D 🗳️
by pip1234 at Sept. 27, 2024, 11:47 p.m.

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pip1234
2 months, 1 week ago
GL130 is a program not a FAM function it refers to the 'A/C Allocation. Update' function in the M3 Financial Accounting system. This program is used to manage the allocation of accounts within the general ledger. It is typically used for updating account allocations in financial processes. This includes managing the distribution of expenses or revenues across various accounts according to predefined criteria.
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