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Exam P_S4FIN_2021 topic 1 question 75 discussion

Actual exam question from SAP's P_S4FIN_2021
Question #: 75
Topic #: 1
[All P_S4FIN_2021 Questions]

You carry forward balances for your company code and leading ledger to the new fiscal year 2022 and you get an error message related to asset accounting.
What single action can resolve the error?

  • A. Post all depreciation (transaction AFAB) for the fiscal year 2021.
  • B. Post revaluation and new valuation (transaction AR29N) for fiscal year 2021.
  • C. Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2020.
  • D. Run “Calculate Depreciation” (transaction AFAR) for fiscal year 2022.
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️

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