SAP Exam P_S4FIN_2021 Topic 5 Question 58 Discussion

Actual exam question for SAP's P_S4FIN_2021 exam

Question #: 58
Topic #: 5

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

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'.

Show Suggested Answer

Suggested Answer: C

by Sanda at Nov 15, 2024, 05:57 PM

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6 days ago

I think both A and B are important, but I would go with A because recalculating depreciation for the new year ensures accurate financial reporting.

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7 days ago

I think the correct answer is A) Depreciation for the new year must be recalculated (transaction AFAR).

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7 days ago

I disagree, I believe the answer is B) All depreciation (transaction AFAB) up to that point must be posted.

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10 days ago

I think option C is the correct answer. The fiscal year change program must have been executed to post a fixed asset in the new fiscal year.

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2 days ago

I agree, option C is the correct answer.

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