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    Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
    After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
    You are configuring the year-end setup in Dynamics 365 for Finance and Operations.
    You need to configure the year-end setup to meet the following requirements:
    * The accounting adjustments that are received in the first quarter must be able to be posted in to the previous year's Period 13.
    * The fiscal year closing can be run again, but only the most recent closing entry will remain in the transactions.
    * All dimensions from profit and loss must carry over into the retained earnings.
    * All future and previous periods must have an On Hold status.
    Solution:
    * Configure General ledger parameters.
    * Set the Delete close of year transactions option to Yes.
    * Set the Create closing transactions during transfer option to Yes.
    * Set the Fiscal year status to permanently closed option to Yes.
    * Define the Year-end close template.
    * Designate a retained earnings main account for each legal entity.
    * Set the Financial dimensions will be used on the Opening transactions option to Yes.
    * Set the Transfer profit and loss dimensions' option to Close All.
    * Set future Ledger periods to a status of On Hold.
    Does the solution meet the goal?
    A. No
    B. Yes
    Answer: A
    Explanation:
    Explanation
    References:
    https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close

    NEW QUESTION: 2
    Why would you configure the Ready to Hire Flag?
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