nerdexam
IBM

C2020-605 · Question #37

Where do the values for the currency conversion difference account1 and account2 come from?

The correct answer is C. From active/passive reconciliation. The positive or negative difference is calculated from the. See the full explanation below for the reasoning.

Question

Where do the values for the currency conversion difference account1 and account2 come from?

Options

  • AFrom reconciliation of automatic journals. Account1 records differences from BS accounts;
  • BFrom reconciliation of the reported version. The differences are recorded in the integrated
  • CFrom active/passive reconciliation. The positive or negative difference is calculated from the
  • DFrom reconciliation of automatic journals. The differences are recorded in the non-integrated

How the community answered

(25 responses)
  • A
    16% (4)
  • B
    8% (2)
  • C
    72% (18)
  • D
    4% (1)

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Full C2020-605 Practice