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CRT-211 · Question #80

AW Computing (AVVC) has customers In multiple countries. AWC would li<e to set up advanced currency management for Its system. Which two considerations should AWC be aware or prior to implementing…

The correct answer is A. When a currency is added to an organization's List of supported currencies, it cannot be deleted. D. Once enabled, advanced currency management cannot be disabled. When a currency is added to an organization's list of supported currencies, it cannot be deleted and once enabled, advanced currency management cannot be disabled are two considerations that AW Computing should be aware of prior to implementing this change to the existing…

Data Management

Question

AW Computing (AVVC) has customers In multiple countries. AWC would li<e to set up advanced currency management for Its system. Which two considerations should AWC be aware or prior to implementing this change to the existing system? (Choose 2 answers)

Options

  • AWhen a currency is added to an organization's List of supported currencies, it cannot be deleted.
  • BOpportunities will only display sales In the customer's localized currency.
  • CHistorical trend reports will only use the last dated exchange rate.
  • DOnce enabled, advanced currency management cannot be disabled.

How the community answered

(15 responses)
  • A
    80% (12)
  • B
    7% (1)
  • C
    13% (2)

Explanation

When a currency is added to an organization's list of supported currencies, it cannot be deleted and once enabled, advanced currency management cannot be disabled are two considerations that AW Computing should be aware of prior to implementing this change to the existing system. Adding a currency to an organization's list of supported currencies is an irreversible action that allows users to enter and view amounts in that currency for standard and custom objects that have currency fields. Enabling advanced currency management is also an irreversible action that allows administrators to define dated exchange rates for opportunities and opportunity products based on close dates or product dates instead of using static conversion rates.

Topics

#advanced currency management#multi-currency#exchange rates#currency configuration

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