Which two of the following accounting rule components are predefined in the M3 Business Engine? (Choose two.)

In the Infor M3 Business Engine's automatic accounting framework, Accounting Events and Accounting Types are fundamental, predefined components. Accounting Events are hard-coded triggers within M3 programs that correspond to specific business transactions (e.g., customer order invoicing, purchase order goods receipt). Accounting Types are standard, predefined codes that classify the specific kind of posting generated by an event (e.g., revenue, cost of goods sold, inventory). Users cannot create new events, and while new types can be added, a comprehensive standard set is delivered with the system. These two components provide the static framework upon which user-defined accounting rules are built.

A. Accounting strings: These are the user-defined rules created in 'Accounting Rule. Set' (CRS395) that link predefined events and types to specific general ledger accounts.

B. Accounting identity: This is not a standard M3 term for a core accounting rule component. It generally refers to the specific values (like facility, item group) used within user-defined accounting strings.

1. Infor M3 Business Engine, Financial Accounting Configuration Guide: In the chapter on Automatic Accounting, the guide explicitly states, "Accounting events are predefined in M3 Business Engine and cannot be created or changed." It further describes accounting types as, "A number of accounting types are predefined in M3 Business Engine to represent different kinds of transactions." (Reference section: 'Automatic Accounting Principles').

2. Infor M3 Business Engine, User Guide for Financials: The program description for 'Accounting Event. Open' (CRS375) notes that it is a display program for viewing the system's predefined events. Conversely, the guide for 'Accounting Rule. Set' (CRS395) details the process for users to create the accounting strings that form the posting logic. (Reference sections: Program Descriptions for CRS375 and CRS395).

3. Courseware from M3 Implementation Training (University/Vendor sanctioned): Official training materials for the M3 Finance module consistently differentiate between the static, system-delivered components and the dynamic, user-configured components. The materials categorize Accounting Events (e.g., 'CO01') and Accounting Types (e.g., '121') as predefined system objects, while Accounting Strings are presented as the primary configuration task for implementers. (Reference module: 'M3 General Ledger and Automatic Accounting').