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LN: Foundation
a) Enter all of the business partner information in the Business Partner session.
b) Select the default information in the Easy Entry Business Partner session.
You can specify item ordering data for which of the following types of items? Select all that apply.
a) Purchased item
b) Serialized item
c) Manufactured item
d) Service item
e) Project item
LN: Foundation 1
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Lesson 2: Purchasing
Which of the following best describes the role of the purchase user profile?
Put the steps below into the proper order to begin the purchase order procedure:
a) Transfer the delivered POs to the purchase order history database. __5___
What field must be completed in the Items – Purchase session in order to use Purchased Item
360?
LN: Foundation 2
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Lesson 3: Sales
Which of the following are methods for creating a sales order in the Sales Order Intake Workbench
session? Select all that apply.
a) Automatically
d) Manually
a) Normal
b) Service
c) Consignment
d) Virtual
e) Purchasing
a) Receiving location
b) Inspection location
c) Bulk location
d) Staging location
e) Virtual location
LN: Foundation 3
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Lesson 5: Item structures
The cost price of an item consists of which of the following? Select all that apply.
a) Material costs
b) Operational costs
c) Discount rates
d) Currency adjustments
It supports master planning and detailed order planning for production, purchase and
distribution.
LN: Foundation 4
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Lesson 7: Manufacturing
A production order states the item that will be produced and the conditions under which
manufacturing takes place.
Lesson 8: Project
The project plan is a hierarchical structure that contains a top project that is divided into
activities. Each activity has a top activity and can have several other activities that appear below
it.
LN: Foundation 5
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Lesson 9: Service
Which Financial module forms the central part of Infor LN Financials and accounts for all
transactions in Infor LN that have an accounting impact?
a) Cash Management
b) Accounts Receivable
c) General Ledger
d) Fixed Assets
Ledger accounts and dimensions are used to track _________________, equity, profits, and
losses.
b) Payables, receivables
c) Assets, liabilities
LN: Foundation 6
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Lesson 12: Central Invoicing
Which reports can you use to view open receivables? Select all that apply.
b) Invoicing 360
In which ways can you match individual purchase invoices and freight invoices to orders and/or
receipts? Select all that apply.
a) Manually
c) Automatically
e) In a background job
LN: Foundation 7
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Lesson 15: Cash Management
When posting bank statements, you can use the __________________ transaction type to post
an amount to a ledger account for “Bank Costs.”
a) Advance receipt
b) Receipt reconciliation
c) Journal
d) Unallocated payment
Course review
a) Enter all of the business partner information in the Business Partner session.
b) Select the default information in the Easy Entry Business Partner session.
Which of the following best describes the role of the purchase user profile?
LN: Foundation 8
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Course review
Put the steps below into the proper order to begin the purchase order procedure:
a) Transfer the delivered POs to the purchase order history database. __5___
What field must be completed in the Items – Purchase session in order to use Purchased Item
360?
Which of the following are methods for creating a sales order in the Sales Order – Lines session?
Select all that apply.
a) Automatically
d) Manually
a) Normal
b) Service
c) Consignment
d) Virtual
e) Purchasing
LN: Foundation 9
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Course review
a) Receiving location
b) Inspection location
c) Bulk location
d) Staging location
e) Virtual location
The cost price of an item consists of which of the following? Select all that apply.
a) Material costs
b) Operational costs
c) Discount rates
d) Currency adjustments
It supports master planning and detailed order planning for production, purchase and
distribution.
LN: Foundation 10
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Course review
A production order states the item that will be produced and the conditions under which
manufacturing takes place.
The project plan is a hierarchical structure that contains a top project that is divided into
activities. Each activity has a top activity and can have several other activities that appear below
it.
LN: Foundation 11
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Course review
Which Financial module forms the central part of Infor LN Financials and accounts for all
transactions in Infor LN that have an accounting impact?
a) Cash Management
b) Accounts Receivable
c) General Ledger
d) Fixed Assets
Ledger accounts and dimensions are used to track _________________, equity, profits, and
losses.
b) Payables, receivables
c) Assets, liabilities
Which reports can you use to view open receivables? Select all that apply.
b) Invoicing 360
LN: Foundation 12
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.
Course review
In which ways can you match individual purchase invoices and freight invoices to orders and/or
receipts? Select all that apply.
a) Manually
c) Automatically
e) In a background job
When posting bank statements, you can use the __________________ transaction type to post
an amount to a ledger account for “Bank Costs.”
a) Advance receipt
b) Receipt reconciliation
c) Journal
d) Unallocated payment
LN: Foundation 13
© 2017 Infor Education. All rights reserved. No part of this Training Workbook may be reproduced or transmitted in any form, without written permission.