Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 19

A company makes the payment in a currency different from the invoice and ledger currency. What setup options are required to make the cross currency rate type the default?

Answer options

• A. Manage Invoice Options and Manage common options for Payables and Procurement
• B. Manage Payable Options and Manage Invoice Options
• C. Manage Invoice Options and Manage Procurement agents
• D. Manage common options for Payables and Procurement and Manage Procurement agents
• E. Manage Payment Options and Manage common options for Payables and Procurement

Correct answer: E

Explanation

The correct answer is E because managing Payment Options is essential for handling transactions in different currencies, along with the common options for Payables and Procurement. The other options do not encompass both necessary components for establishing the default cross currency rate type.