SAP Financial Accounting (SAP FI) Practice Exam

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What is the maximum number of special posting periods that can be set up in a fiscal year variant with monthly periods?

The correct answer is: 4

In SAP Financial Accounting, each fiscal year variant can be configured to include a specific number of special periods, which allow for adjustments or specific types of postings outside of the normal monthly periods. For a fiscal year variant with monthly periods, the maximum number of special posting periods that can be set up is four. These special periods are often utilized for purposes such as year-end closing activities, adjustments, or reporting requirements. Therefore, having the flexibility to manage up to four additional postings ensures that organizations can adequately handle their financial reporting and compliance without impacting regular monthly accounting processes. This configuration supports financial accuracy and regulatory obligations during peak times for adjustments and reconciliations. The other values do not represent the maximum allowable special posting periods for the scenario described, allowing for confusion but not aligning with the functional capabilities of SAP FI in managing fiscal periods.