Oracle Planning 2017 Implementation Essentials — Question 59

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?

Answer options

• A. You did not define conversion rates in the General Ledger Cloud.
• B. Only cash transactions use those settings.
• C. You did not define conversion rates for your business unit.
• D. You did not specify a default expense template.

Correct answer: B

Explanation

The correct answer is B because the settings for conversion rates are specifically designed to apply to cash transactions, not corporate card transactions. Options A and C are incorrect because they refer to the absence of defined rates, which is not the issue here. Option D is also incorrect as it pertains to the default expense template, which does not influence the application of conversion rates.