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P_S4FIN_2021 · Question #57

P_S4FIN_2021 Question #57: Real Exam Question with Answer & Explanation

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Question

A fixed asset is to be posted in the new fiscal year. Which closing activity must be carried out for this?

Options

  • ADepreciation for the new year must be recalculated (transaction AFAR).
  • BAll depreciation (transaction AFAB) up to that point must be posted.
  • CFiscal year change program must have been executed (transaction FAA_CMP).
  • DAll APC values must have been posted using report "Periodic Asset Postings".

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