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MB-800 · Question #168

MB-800 Question #168: Real Exam Question with Answer & Explanation

The correct answer is B. Configure the currency MXN, then set up the Currency Exchange Rate Service to upload. This option allows you to add the MXN (Mexican Peso) currency to Dynamics 365 Business Central and configure it for use in transactions. Setting up the Currency Exchange Rate Service to upload currency rates automatically will ensure that you have accurate and up-to-date exchange

Question

A company based in the United States uses Dynamics 365 Business Central. A customer agrees to buy raw materials in the MXN (Mexican Peso) currency. You need to set up the currency and exchange rates for this purchase. What should you do?

Options

  • ADo not configure the currency MXN and recalculate all entries in USD before posting.
  • BConfigure the currency MXN, then set up the Currency Exchange Rate Service to upload
  • CUse the currency MXN as a local currency in the system, then set the exchange rates manually
  • DUse the currency MXN as an additional reporting currency, then set up the Currency Exchange

Explanation

This option allows you to add the MXN (Mexican Peso) currency to Dynamics 365 Business Central and configure it for use in transactions. Setting up the Currency Exchange Rate Service to upload currency rates automatically will ensure that you have accurate and up-to-date exchange rates for converting between the local currency (USD) and the foreign currency (MXN).

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