For each fiscal year in SAP Cost Center Accounting (CO OM CCA), you can make basic settings in a planning version that affect all planning. Which of the following is one such basic setting that can be defined for a version?

Introduction / Context:
In SAP Cost Center Accounting, versions are used to separate different planning and actual data scenarios. For each fiscal year, you can define basic settings for a version that control how planning is performed. One important setting allows you to protect plan data from changes once planning is complete. This question asks you to identify that type of setting.

Given Data / Assumptions:

• We are working with planning versions in CO OM CCA.
• Each version can have settings that affect all planning activities for a fiscal year.
• Some settings are related to plan integration and currency translation, while others lock the version.
• We must pick a setting that clearly belongs to version control rather than to other applications.

Concept / Approach:
One of the key basic settings for a planning version is the ability to lock the version against changes, preventing users from making further planning entries. This is typically used after planning is finalized and approved. Other topics such as defining controlling area currency, tax codes, or vendor payment terms are part of broader FI or CO customizing but are not specific basic settings of a CO planning version.

Step-by-Step Solution:

Verification / Alternative check:
If you inspect version settings in SAP customizing for Cost Center Accounting, you will see parameters such as whether the version is locked for planning and whether plan integration with other components is active. There is no automatic creation of master data or definition of tax codes within this screen, which confirms that locking the version is indeed a basic planning setting for each fiscal year.

Why Other Options Are Wrong:
Option A refers to defining controlling area currency, which is done at controlling area level, not per version. Option C suggests automatic creation of cost center master data, which is not a standard feature of planning versions. Option D describes tax code configuration in FI, which is unrelated to CO planning versions. Option E refers to vendor payment terms for the automatic payment program, which belongs to accounts payable settings, not to CO versions.

Common Pitfalls:
A common confusion is to mix up general system configuration with version specific planning controls. Many learners assume that any financial setting might be part of version control, but in reality versions mainly govern planning data, integration, currency translation for planning, and locking. Understanding this boundary helps keep configuration tasks organized correctly.

Final Answer:
The correct answer is Locking the version against any plan activity so that planning data cannot be changed, because this is a standard basic setting you can define for each fiscal year in a planning version in SAP Cost Center Accounting.