Salesforce Certified Sales Cloud Consultant — Question 92

Cloud Kicks operates in multiple countries and wants to track historical exchange rates. The Consultant at CK has implemented dated exchange rates by using advanced currency management.

How is the converted currency amount on Opportunities calculated?

Answer options

• A. The close date regardless of the opportunity stage
• B. The current exchange rate regardless of the close date
• C. The close date only when the stage is closed
• D. The exchange rate at the time the opportunity is closed

Correct answer: D

Explanation

The correct answer is D because the converted currency amount on Opportunities is calculated using the exchange rate that was in effect at the time the opportunity was closed. Options A and C incorrectly suggest that the calculation may be influenced by the opportunity stage rather than the close date, while option B states that the current exchange rate is used, which does not account for historical rates.