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C_TFIN52_65 · Question #56

What does the year-end closing program do in asset accounting? (Choose two)

The correct answer is B. It checks whether assets contain errors or are incomplete. C. It checks whether depreciation and assets are fully posted. See the full explanation below for the reasoning.

Question

What does the year-end closing program do in asset accounting? (Choose two)

Options

  • AIt checks whether the previous year has been closed in financial accounting.
  • BIt checks whether assets contain errors or are incomplete.
  • CIt checks whether depreciation and assets are fully posted.
  • DIt opens new annual value fields for each asset.

How the community answered

(19 responses)
  • A
    5% (1)
  • B
    79% (15)
  • D
    16% (3)

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