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IBM

C2010-530 · Question #54

One of the organizations within a company does business in two currencies and has established a second base currency. What must also be defined for this organization?

The correct answer is C. Valid exchange rate for the currencies. See the full explanation below for the reasoning.

Question

One of the organizations within a company does business in two currencies and has established a second base currency. What must also be defined for this organization?

Options

  • AValid financial period
  • BSecond chart of account
  • CValid exchange rate for the currencies
  • DChart of account for exchange rate variances

How the community answered

(31 responses)
  • A
    13% (4)
  • B
    10% (3)
  • C
    74% (23)
  • D
    3% (1)

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