Infor Exam M3-123 Topic 1 Question 24 Discussion

Actual exam question for Infor's M3-123 exam

Question #: 24
Topic #: 1

Which of the following describe account groups in Infor M3?

AAccount group levels determine the order in which accounts within an account group are listed on an income statement of income or balance sheet.

BAccount groups are defined at the division level but not the company level.

CSix levels of account groups exist.

Show Suggested Answer

Suggested Answer: A

by Haydee at Apr 22, 2024, 02:55 PM

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Theodora

5 months ago

I think option C might be true, as having six levels of account groups provides flexibility.

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Lucia

6 months ago

I believe option A is correct because the order of listing accounts is crucial for financial statements.

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Francis

6 months ago

I agree, it's important to understand the different levels of account groups.

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Crista

7 months ago

I think the question about account groups in Infor M3 is tricky.

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Arletta

7 months ago

B) Account groups are defined at the division level but not the company level.

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Joaquin

7 months ago

C) Six levels of account groups exist.

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Alesia

7 months ago

A) Account group levels determine the order in which accounts within an account group are listed on an income statement of income or balance sheet.

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