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Exam ADM-201 All Questions

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Exam ADM-201 topic 1 question 163 discussion

Actual exam question from Salesforce's ADM-201
Question #: 163
Topic #: 1
[All ADM-201 Questions]

Forecasting can be used with Custom Fiscal Years.

  • A. True
  • B. False
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Suggested Answer: B 🗳️

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Tinalia
Highly Voted 5 years ago
Has this been changed now? https://help.salesforce.com/articleView?id=admin_about_cfy.htm&type=5
upvoted 7 times
qudsia
3 years, 10 months ago
quoted from your referenced url: "Fiscal years can be modified any time. For example, you can add an extra week to synchronize a custom fiscal year with a standard calendar in a leap year. Changes to fiscal year structure take effect immediately upon being saved. If you use forecasting, Salesforce recalculates your forecasts when you save changes to a fiscal year."
upvoted 2 times
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Ranger
Highly Voted 5 years ago
Whether you use a standard fiscal year or a custom fiscal year, you define individual fiscal years one time. These fiscal year definitions allow you to use these fiscal periods throughout Salesforce including in reporting, opportunities, and forecasting.
upvoted 7 times
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rdgsolis
Most Recent 2 months ago
Selected Answer: A
A. true
upvoted 1 times
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watersidepanda
1 year, 2 months ago
true...
upvoted 1 times
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najeffda
1 year, 4 months ago
The correct answer is : Ture Forecasting in Salesforce can be used with custom fiscal years. Salesforce allows organizations to define their own fiscal year settings based on their specific fiscal calendar. This includes setting custom start and end dates for fiscal quarters and defining the organization's fiscal year structure. By configuring custom fiscal years, organizations can align their forecasting and reporting processes with their unique fiscal periods. This flexibility enables accurate forecasting and reporting based on the organization's fiscal year, regardless of whether it follows the standard calendar year or a different fiscal calendar.
upvoted 1 times
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MonBouj
1 year, 4 months ago
Selected Answer: A
https://help.salesforce.com/s/articleView?id=sf.aaf_admin_define_custom_year.htm&type=5
upvoted 1 times
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Tech_Baddie509
1 year, 11 months ago
Is this not true? Isn't that's the reason for Standard Template or Manual Set up available?
upvoted 1 times
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Lulu_2022
2 years, 4 months ago
It is definitely true. "You can define custom fiscal years to generate forecasts according to the specific needs of your business." https://help.salesforce.com/s/articleView?id=sf.aaf_admin_define_custom_year.htm&type=5
upvoted 1 times
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Jul1us
3 years, 1 month ago
It makes no logic sense. Why Custom Fiscal Years shouldn't be able to use forecasting? Everyone defines the year as it wants and should be allowed to have access to this functionality. The answer should be A. True.
upvoted 2 times
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JohnyWalker99
3 years, 10 months ago
Answer should be A.
upvoted 2 times
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Fight
3 years, 11 months ago
answer is True
upvoted 2 times
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PrekshaBadoni
3 years, 11 months ago
Answer- True.
upvoted 3 times
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Vaibh01
4 years, 1 month ago
Correct Ans should be 'A. True'
upvoted 5 times
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C (25%)
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