1Z0-1054-25 practice question 19 of 25

You are required to change today’s daily rates for converting GBP to USD. What are three ways in which you can update existing daily rates?

Answer options

A: Update rates manually using the Currency Rates Manager, which can be accessed only from the Functional Setup Manager.

B: Edit existing transactions and update the rates manually.

C: Use the spreadsheet loader from the Currency Rates Manager. Correct answer

D: Update rates manually using the Currency Rates Manager, which can be accessed from the Functional Setup Manager or the General Ledger’s Period Close work area. Correct answer

E: Import daily rates through the Daily Rates open interface table. Correct answer

Correct Answer:

C. Use the spreadsheet loader from the Currency Rates Manager.; D. Update rates manually using the Currency Rates Manager, which can be accessed from the Functional Setup Manager or the General Ledger’s Period Close work area.; E. Import daily rates through the Daily Rates open interface table.

Explanation

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