SAP Certified Application Associate – SAP S/4HANA for Financial Accounting — Question 3

Which of the following is a technical year-end closing activity in SAP S/4HANA?

Answer options

• A. Ledger balances must be carried forward.
• B. Foreign currency valuation must be posted.
• C. Balance sheet adjustments must be posted.
• D. Accruals must be posted.

Correct answer: A

Explanation

The correct answer is A, as carrying forward ledger balances is a crucial step in the year-end closing process to ensure that financial data is accurately reflected in the new fiscal year. Options B, C, and D are important activities as well, but they do not specifically relate to the technical aspect of carrying forward balances.