Converting Currency on Orders Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the correct action to take to convert an order in CAD to USD?

  • Click 'CONVERT' after clicking 'View Purchase Order' (correct)
  • Click 'SAVE AND FINISH' after clicking 'APPLY'
  • Copy the exchange rate and then paste it in the Inventory ID field
  • Right-click the Intercom ticket and select 'Convert Currency'

What is the correct sequence of actions to apply the proper exchange rate?

  • Click 'CONVERT', copy the exchange rate, then paste it in the Inventory ID field
  • Click 'View Purchase Order', select appropriate currency, then click 'UPDATE CURRENCY'
  • Click 'Input Conversion Rate', paste exchange rate, then click 'UPDATE CURRENCY' (correct)
  • Search for exchange rate, click 'UPDATE CURRENCY', then click 'SAVE AND FINISH'

What should be done after selecting the appropriate currency for conversion?

  • Copy and paste the Inventory ID
  • Click 'CONVERT' on the Purchase Order screen (correct)
  • Click 'SAVE AND FINISH'
  • Search for exchange rates online

What action is required when updating the currency exchange rate?

<p>Click on the 'Input Conversion Rate' field (A)</p> Signup and view all the answers

Which step involves pasting the Inventory ID?

<p>Click on 'APPLY' (B)</p> Signup and view all the answers

What is the final step after converting an order to USD?

<p>Type a confirmation message in the email reply box (B)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Currency Conversion in Accounting
29 questions
Currency Conversion Process
5 questions
Currency Conversion Basics Quiz
5 questions

Currency Conversion Basics Quiz

SofterConceptualArt7397 avatar
SofterConceptualArt7397
Use Quizgecko on...
Browser
Browser