Which three changes can be made after the initial setup of the Financials framework?

Which three changes can be made after the initial setup of the Financials framework?

• A. Disabling already enabled features
• B. Enabling Rolling Forecast
• C. Enabling Income Statement
• D. Enabling Expense

Answer: (B)

The ability to enable features such as Rolling Forecast after the initial setup of the Financials framework indicates the flexibility within the EPBCS environment for adapting to changing business needs. Enabling Rolling Forecast allows organizations to maintain a continuous budgeting process that can respond to market fluctuations and strategic shifts, facilitating timely decision-making and enhanced financial planning. This flexibility in modifying and enhancing the framework ensures that as financial strategies evolve, they can incorporate more dynamic planning elements like Rolling Forecast to improve responsiveness and accuracy in projections. This capability is crucial in ensuring that financial planning remains relevant and aligned with organizational goals. In contrast, other options involve various aspects of feature modification or adjustments that may not be permissible after the initial configuration is established. For example, disabling already enabled features typically requires a level of stability within the framework to maintain consistency in reports and analytics, while enabling features linked directly to income or expenses could be restricted depending on the foundational setup choices made when first configuring the Financials framework.

The ability to enable features such as Rolling Forecast after the initial setup of the Financials framework indicates the flexibility within the EPBCS environment for adapting to changing business needs. Enabling Rolling Forecast allows organizations to maintain a continuous budgeting process that can respond to market fluctuations and strategic shifts, facilitating timely decision-making and enhanced financial planning.

This flexibility in modifying and enhancing the framework ensures that as financial strategies evolve, they can incorporate more dynamic planning elements like Rolling Forecast to improve responsiveness and accuracy in projections. This capability is crucial in ensuring that financial planning remains relevant and aligned with organizational goals.

In contrast, other options involve various aspects of feature modification or adjustments that may not be permissible after the initial configuration is established. For example, disabling already enabled features typically requires a level of stability within the framework to maintain consistency in reports and analytics, while enabling features linked directly to income or expenses could be restricted depending on the foundational setup choices made when first configuring the Financials framework.