Answer / usha katam

a. Create a variant
b. Populate Variant with values.
c. Use where ever you want.

eg: FISCAL YEAR VARIANT, POSTING PERIOD VARIANT, FIELD
STATUS VARIANT, ETC.

Answer / mast mallang

The main advantage for using variants is that it is easier
to maintain properties which are common among several
business objects.

after understanding this above concept, go through the
Answer #1 by Miss usha katam.

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