Universal Containers has enabled Advanced Currency Management. How is the converted amount data reported on a report that spans time periods when the exchange rate was different?
Below is the answer and explanation for the question in the Salesforce Exams.
Universal Containers has enabled Advanced Currency Management.
How is the converted amount data reported on a report that spans time periods when the exchange rate was different?
- Converted amounts are based on exchange rates that use the oldest entry.
- Converted amounts are based on the exchange rates entered in the opportunity.
- Converted amounts are based on exchange rates that use the current entry.
- Converted amounts are based on the historical exchange rate associated with the close date. ✅
Correct Answers
Converted amounts are based on the historical exchange rate associated with the close date. ✅
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