ADM-201 · Question #161
ADM-201 Question #161: Real Exam Question with Answer & Explanation
The correct answer is A: The custom fiscal year must be defined manually.. When custom fiscal years are enabled in Salesforce, an administrator must manually define the fiscal periods, and this setting cannot be subsequently disabled or reverted to standard fiscal years.
Question
Which two statements apply when custom fiscal year is enabled? Choose 2 answers
Options
- AThe custom fiscal year must be defined manually.
- BThe custom fiscal year setting CANNOT be disabled.
- CThe defined custom fiscal year only affects forecasts.
- DThe custom fiscal year automatically updates product schedules.
Explanation
When custom fiscal years are enabled in Salesforce, an administrator must manually define the fiscal periods, and this setting cannot be subsequently disabled or reverted to standard fiscal years.
Common mistakes.
- C. Custom fiscal years impact all Salesforce features that rely on fiscal periods, including reports, forecasts, quotas, and opportunities, not just forecasts. This pervasive change ensures consistency across financial data.
- D. Enabling custom fiscal years does not automatically update product schedules. Product schedules are managed independently based on quantity, revenue, and dates, and are not automatically adjusted by fiscal year changes.
Concept tested. Custom fiscal year implications
Reference. https://help.salesforce.com/s/articleView?id=sf.faq_fiscal.htm&type=5
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