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Salesforce

CRT-101 · Question #57

Cloud Kicks want its reports to show a Fiscal Year that starts on February 1 and has 12 months. How Should the Administrator Address this requirement?

The correct answer is C. Set the Fiscal Year to Standard and the starting month as February. A Standard Fiscal Year in Salesforce allows the administrator to define a non-January start month while keeping the standard 12-month, 4-quarter structure intact-exactly what is needed here (12 months starting February 1). A Custom Fiscal Year (A, B) is for organizations that…

Configuration and Setup

Question

Cloud Kicks want its reports to show a Fiscal Year that starts on February 1 and has 12 months. How Should the Administrator Address this requirement?

Options

  • ASet the Fiscal Year to Custom and the starting month as February.
  • BSet the Fiscal Year to Custom and the duration to 4 quarters.
  • CSet the Fiscal Year to Standard and the starting month as February.
  • DSet the Fiscal Year to Standard and the duration to 12 months.

How the community answered

(26 responses)
  • A
    8% (2)
  • B
    8% (2)
  • C
    81% (21)
  • D
    4% (1)

Explanation

A Standard Fiscal Year in Salesforce allows the administrator to define a non-January start month while keeping the standard 12-month, 4-quarter structure intact-exactly what is needed here (12 months starting February 1). A Custom Fiscal Year (A, B) is for organizations that need non-standard period structures such as 4-4-5 accounting calendars, 13 periods, or quarters of unequal length. Since Cloud Kicks just needs a standard 12-month year with a February start, the Standard Fiscal Year option with a February starting month is the correct and simpler configuration.

Topics

#Fiscal Year#Company Information#Organizational Settings#Reporting Configuration

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