BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list
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Create tasks 2. Define dependencies 3. Create template 4. Create task list 5 Release task list
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Create template 2 Create tasks 3. Create task list 4. Define dependencies 5. Release task list
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Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release task list
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Detailed explanation-1: -The financial close process is an accounting procedure undertaken at the end of the month to close out the current posting period. It consists of tasks that occur on a periodic basis (every day, period or month) and is the combination of system (batch) processing and manual tasks.
Detailed explanation-2: -The Closing Cockpit enables you to create a structured interface for executing transactions and programs that form part of complex processes, such as closing processes.
Detailed explanation-3: -Perform Closing With/Without Template The system shows a list of all open period-end, quarter-end, and year-end closings that have been created or performed. To display all closings, choose All Periods as the display. To create a new closing plan, click New Period-End Close.
Detailed explanation-4: -The SAP Financial Closing cockpit supports you in planning, executing, monitoring, and analyzing financial closing tasks for the entities of your group.