ADM-201 · Question #113
ADM-201 Question #113: Real Exam Question with Answer & Explanation
The correct answer is A: Corporate currency. When multiple currencies are enabled in Salesforce, the corporate currency is established as the primary currency against which all other currencies are converted using defined exchange rates.
Question
Ursa Major Solar recently enabled the multiple currencies feature. As a result, which currency will be used as the foundation for all currency conversion rates?
Options
- ACorporate currency
- BActive currency
- CPersonal currency
- DRecord currency
Explanation
When multiple currencies are enabled in Salesforce, the corporate currency is established as the primary currency against which all other currencies are converted using defined exchange rates.
Common mistakes.
- B. There is no 'Active currency' concept in Salesforce; all defined currencies are considered active if they have exchange rates.
- C. Personal currency is the currency a user selects as their default for displaying amounts, but it does not serve as the foundation for conversion rates; conversions still occur relative to the corporate currency.
- D. Record currency is the currency specified on a particular record (e.g., an Opportunity), but it is converted based on the corporate currency, not itself the foundation for conversion rates.
Concept tested. Corporate currency role
Reference. https://help.salesforce.com/s/articleView?id=sf.admin_setup_currencies.htm&type=5
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