Which closing activity must be carried out for this?

A fixed asset is to be posted in the new fiscal year.

Which closing activity must be carried out for this?
A . Depreciation for the new year must be recalculated (transaction AFAR).
B. All depreciation (transaction AFAB) up to that point must be posted.
C. Fiscal year change program must have been executed (transaction FAA_CMP).
D. All APC values must have been posted using report "Periodic Asset Postings".

View Answer

Answer: C