Oracle Exam 1Z0-1055-20 Topic 4 Question 17 Discussion

Actual exam question for Oracle's 1Z0-1055-20 exam

Question #: 17
Topic #: 4

While entering an expense report for your corporate card transactions, you notice that the conversion rate defined in the Manage Conversion Rates and Policies page is not used.

What is the reason?

AYou did not define conversion rates for your business unit.

BYou did not specify a default expense template.

COnly cash transactions use those settings.

DYou did not define conversion rates in the General Ledger Cloud.

Show Suggested Answer

Suggested Answer: C

Conversion rate behavior applies only to cash expenses, not to corporate card expenses.

References:https://docs.oracle.com/cd/E60665_01/financialscs_gs/FAIEX/F1456644AN125F2.htm

by Jeanice at May 08, 2022, 05:06 PM

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