SAP Exam P_S4FIN_2023 Topic 8 Question 6 Discussion

Actual exam question for SAP's P_S4FIN_2023 exam

Question #: 6
Topic #: 8

[All P_S4FIN_2023 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?

APost revaluation and new valuation (transaction AR29N) forfiscal year 2021.

BRun the fiscal year change (transaction FAA_CMP) to close fiscal year 2020.

CRun 'Calculate Depreciation' (transaction AFAR) forfiscal year 2022.

DPost all depreciation (transaction AFAB) for the fiscal year 2021

Show Suggested Answer

Suggested Answer: B

by Lai at Jun 30, 2024, 06:59 AM

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Nickie

3 months ago

Ah, the age-old question of asset accounting. I say we just burn the whole thing down and start over. That'll fix it!

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Yun

3 months ago

Hold up, is this a trick question? I'm going with A. Revaluating the assets sounds like the way to go. Who needs fiscal year changes when you can just revalue everything?

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Long

3 months ago

I'm going with C. Calculating the depreciation for the current year should fix the issue, right? I mean, how hard can it be?

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Michael

2 months ago

User3: I agree, let's go with option C and see if it resolves the error.

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Tammi

2 months ago

User2: Yeah, that sounds like a logical solution.

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Tammara

2 months ago

User1: I think C is the right option. Calculating depreciation should help.

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Dalene

3 months ago

D seems like the right choice to me. Posting all the depreciation for the previous year should resolve the asset accounting error.

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Jerry

3 months ago

I think the answer is B. Running the fiscal year change transaction is the best way to close the previous year and carry forward the balances.

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Han

3 months ago

This is a tricky one, but I'm leaning towards A. Revaluation and new valuation seem like the most targeted fix for the issue.

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Corinne

3 months ago

Nah, I disagree. The problem is in 2021, so the solution must be D. Post all the depreciation for that year.

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Lavonne

3 months ago

Haha, I bet the correct answer is C. 'Calculate Depreciation' for 2022 - that's gotta be it!

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Junita

2 months ago

Actually, I agree with the user comment, C) Run 'Calculate Depreciation' for fiscal year 2022 seems like the right choice.

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Chanel

2 months ago

I agree with Nana, A) Post revaluation and new valuation seems like the right action to resolve the error.

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Jannette

2 months ago

User 3: I'm pretty sure it's B) Run the fiscal year change to close fiscal year 2020.

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Nana

2 months ago

User 2: No, I believe it's D) Post all depreciation for the fiscal year 2021.

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Sarina

2 months ago

User 1: I think the correct answer is A) Post revaluation and new valuation for fiscal year 2021.

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Misty

2 months ago

User 3: I agree with Keith, A) Post revaluation and new valuation seems like the right action to resolve the error.

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Kris

2 months ago

User 2: No, I believe it's D) Post all depreciation for the fiscal year 2021.

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Keith

2 months ago

User 2: No, I believe it's D) Post all depreciation for the fiscal year 2021.

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Sunshine

3 months ago

User 1: I think the correct answer is A) Post revaluation and new valuation for fiscal year 2021.

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Mica

3 months ago

User 1: I think the correct answer is A) Post revaluation and new valuation for fiscal year 2021.

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Carry

3 months ago

I think D) Post all depreciation for the fiscal year 2021 is the best option to resolve the error.

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Sanjuana

3 months ago

Hmm, I'm not sure. Wouldn't running the fiscal year change to close 2020 make more sense? B seems like the right choice to me.

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Reita

3 months ago

User 2: I agree, B seems like the right choice to resolve the error.

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Cordie

3 months ago

User 1: I think running the fiscal year change to close 2020 is the best option. B is the way to go.

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Sherly

3 months ago

But wouldn't running 'Calculate Depreciation' for fiscal year 2022 also resolve the error?

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Ngoc

4 months ago

I think the answer is A. Posting the revaluation and new valuation for fiscal year 2021 should resolve the asset accounting error.

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Trevor

3 months ago

I think option D might be necessary to post all depreciation for the previous fiscal year.

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Casandra

3 months ago

I'm not sure, but option C could be worth trying as well.

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Golda

3 months ago

I think option B might also work to close the previous fiscal year.

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Gwenn

3 months ago

I agree, option A seems like the best solution.

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Margart

4 months ago

I disagree, I believe the correct action is B) Run the fiscal year change to close fiscal year 2020.

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Sherly

4 months ago

I think the answer is A) Post revaluation and new valuation for fiscal year 2021.

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