nerdexam
IBM

C2020-605 · Question #10

In the Controller system, the period values that were entered for a company roll up to several group currencies. How should the historical rates for these group currencies be entered?

The correct answer is C. In the local and group currency for each group. See the full explanation below for the reasoning.

Question

In the Controller system, the period values that were entered for a company roll up to several group currencies. How should the historical rates for these group currencies be entered?

Options

  • AIn the local currency of the lowest level group.
  • BIn local and group currency for the highest level group.
  • CIn the local and group currency for each group.
  • DIn the group currency that is relevant to each transaction at the highest group.

How the community answered

(30 responses)
  • A
    7% (2)
  • B
    17% (5)
  • C
    70% (21)
  • D
    7% (2)

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Full C2020-605 Practice