Infor Exam M3-123 Topic 4 Question 45 Discussion

Actual exam question for Infor's M3-123 exam

Question #: 45
Topic #: 4

Which one of the following components determines which value-added tax (VAT) method and VAT rate to apply for a specific type of business transaction?

AVAT code

BVAT exceptions

CVAT report from date

DVAT values for FAM functions

Show Suggested Answer

Suggested Answer: B

by Juan at Jan 26, 2025, 08:55 AM

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Kimbery

VAT values for FAM functions? What is this, a secret code? Let's keep it simple and go with the VAT code, shall we?

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Nikita

3 days ago

VAT report from date? Nah, that's just telling you when the tax was filed, not how to apply it. Come on, people, think it through!

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Lindsey

11 days ago

VAT exceptions? Really? That's like trying to figure out your taxes by looking at the loopholes. Not the way to go, my friend.

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Mila

12 days ago

Hmm, that's interesting. Can you explain why you think that?

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Whitley

17 days ago

I disagree, I believe it's D) VAT values for FAM functions.

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Mila

18 days ago

I think the answer is A) VAT code.

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Tawny

18 days ago

The VAT code seems like the obvious choice here. After all, it's the component that's all about determining the tax method and rate, right?

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