Which statement about Financial Close Manager Schedules is FALSE?

• A. You can still add tasks once a schedule has been Closed.
• B. Schedules can be created with an initial set of tasks.
• C. Schedules can be edited after creation.
• D. Schedules can be assigned to different users.

Answer: (A)

Understanding the lifecycle of a Financial Close Manager schedule is key. When a schedule is closed, it is locked to preserve the completed close and prevent further modifications. This means you cannot add new tasks or change the existing task set once the schedule is closed. You can, however, create schedules with an initial set of tasks, edit a schedule after creation (such as updating task details, dates, or dependencies), and assign the schedule to different users. So the statement that you can still add tasks after a schedule has been closed is not correct; to make changes after closing you would typically need to reopen or create a new schedule.