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MB6-895 · Question #31

You are consulting with a customer who is implementing Microsoft Dynamics 365 for Finance and Operations for the first time. This customer has income sources in foreign countries and, therefore…

The correct answer is C. Specify exchange rate types. D. Determine denomination currencies. E. Define exchange rates between currency pairs. See the full explanation below for the reasoning.

Question

You are consulting with a customer who is implementing Microsoft Dynamics 365 for Finance and Operations for the first time. This customer has income sources in foreign countries and, therefore, will need to perform currency revaluation. To complete currency setup, which three tasks should be completed before designating main accounts that will be used during the currency revaluation process? Each correct answer presents part of the solution.

Options

  • APerform ledger accounting currency conversion.
  • BDetermine which currencies will be transacted.
  • CSpecify exchange rate types.
  • DDetermine denomination currencies.
  • EDefine exchange rates between currency pairs.

How the community answered

(18 responses)
  • A
    17% (3)
  • B
    11% (2)
  • C
    72% (13)

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