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Exam M3-123 topic 1 question 57 discussion

Actual exam question from Infor's M3-123
Question #: 57
Topic #: 1
[All M3-123 Questions]

Which one of the following occurs when a cost accounting error occurs?

  • A. Transactions are stopped from being transferred to the general ledger
  • B. Transaction error log is created in the system
  • C. Transactions are transferred and flagged in the general ledger
  • D. General ledger balance file is generated
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Suggested Answer: C 🗳️
by pip1234 at Sept. 28, 2024, 1:14 a.m.

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pip1234
2 months, 1 week ago
Selected Answer: A
A cost accounting error refers to a mistake or inaccuracy in the calculation, recording, or reporting of costs associated with producing goods or services. Specific error codes are assigned to transactions containing faulty or incomplete values, which prevent these transactions from being transferred to the General Ledger.
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