What does clearing a version entail?

Clearing a version primarily involves removing inactive levels from the current planning cycle, which helps streamline the planning process. By clearing out levels that are no longer relevant or being used, it ensures that the users are focused only on the data and levels that are currently active and necessary for analysis or forecasting. This process helps maintain the accuracy of the planning model and reduces clutter, making it easier for teams to navigate through their planning cycles.

The other choices do not accurately represent what clearing a version does. For instance, creating a new user version is about establishing a new version for data input or modifications, which is distinct from the idea of clearing inactive levels. Finalizing existing data focuses on securing and locking in current inputs, preventing further changes instead of removing levels. Lastly, disabling user access to existing versions pertains to restricting user interaction rather than cleaning up unused or outdated components of the planning model.