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Exam Code: M3-123
Exam Name: Infor Certified M3 Finance Consultant
Vendor: Infor

60 Questions & Answers
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NEW QUESTION: 1
The serial sevens test is often used to determine delirium and dementia. This test aids in assessing which of the following?
A. Abstract thinking
B. Judgment
C. Memory
D. Ability to focus and concentrate thoughts
Answer: D
Explanation:
Explanation/Reference:
Explanation:
(A) This answer is incorrect. The test measures the abilities to concentrate and calculate. The use of proverbs is the most common way to test abstraction. (B) This answer is correct. The serial sevens test is a common test of calculation ability. It is difficult for the demented or delirious client to perform. (C) This answer is incorrect. The test for judgment should predict whether the individual will behave in a socially accepted manner. (D) This answer is incorrect. In testingmemory, the nurse would attempt to get the client either to recall recent events or to think about past events.

NEW QUESTION: 2
If credit terms of "1/10, net 35" are offered, the approximate cost (using 365 days) of not taking the discount and paying at the end of the credit period would be __________.
A. 11.05%
B. 10.0%
C. 15.8%
Answer: C
Explanation:
(1 + 0.01/0.99)365/25 - 1 = 15.8%.

NEW QUESTION: 3
Account Rules are specific to ____________.
A. Accounting methods
B. Subledger application
C. Event Classes
D. Journal Rule sets
E. Event Types
Answer: B
Explanation:
Note:
*The Create Accounting process uses the values of sources assigned to accounting attributes plus accounting rules to create subledger journal entries.
*Accounting rules can be defined with either a top down, or a bottom up approach. When defining subledger accounting rules from the top down, you will initially define the accounting method followed by components of each rule, which will need to be assigned to it. When defining subledger accounting rules from the bottom up, you will initially define components for each rule and then assign them as required.
*Define accounting rules to create revenue recognition schedules for your invoices. Accounting rules determine the number of periods and percentage of total revenue to record in each accounting period. You can use accounting rules with transactions that you import into Receivables using AutoInvoice and with invoices that you create manually in the Transaction windows. You can define an unlimited number of accounting rules. *Use accounting rules to determine revenue recognition schedules for your invoice lines. You can assign a different accounting rule to each invoice line. Accounting rules let you specify the number of periods and the percentage of the total revenue to recognize in each period. You can also specify whether the accounting rules are of Fixed or Variable Duration. Accounting rules of Fixed Duration span a predefined number of periods. Accouning rules of Variable Duration let you define the number of periods during invoice entry.
Reference: Oracle Fusion Applications Financials Implementation Guide, Define Subledger Accounting Rules

NEW QUESTION: 4
A company has adopted a security policy that requires all customer data to be encrypted at rest. Currently, customer data is stored on a central Amazon EFS file system and accessed by a number of different applications from Amazon EC2 instances.
How can the SysOps Administrator ensure that all customer data stored on the EFS file system meets the new requirement?
A. Create a new encrypted EFS file system and copy the data from the unencrypted EFS file system to the new encrypted EFS file system.
B. Update the EFS file system settings to enable server-side encryption using AES-256.
C. Use AWS CloudHSM to encrypt the files directly before storing them in the EFS file system.
D. Modify the EFS file system mount options to enable Transport Layer Security (TLS) on each of the EC2 instances.
Answer: B


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