What are two considerations for enabling multiple currencies at Cloud Kicks? (Choose two.)
What are two considerations for enabling multiple currencies at Cloud Kicks? (Choose two.)
Once multiple currencies are enabled in Salesforce, they cannot be disabled. Additionally, while changing the exchange rate will update the converted amounts on all records, it does not update the amounts on closed opportunities. This ensures historical accuracy and integrity of financial records.
Multi-currency and advanced currency management are not the same thing, though multi-currency must be enabled to use advanced currency management. Advanced currency management can be disabled, but multi-currency cannot be disabled once it is enabled. I think people are confusing the two. The answer is A and B
A and B. Cannot being disabled and also changes in the Closed opportunities (so, this means that D is not correct)
A is not correct, you can disable multi currency https://colostate-my.sharepoint.com/:p:/g/personal/reaston_colostate_edu/Edoo8kra8i5IgMxX6lo-gcgBgBYMjEDH_1nHSX4Y7x8S3A?e=fbsMrH
Sorry, I forgot to add the link for advanced currency https://help.salesforce.com/s/articleView?id=sf.administration_about_advanced_currency_management.htm&type=5
Advanced Currency, using dated exchange rates, appears to allow the Oppty amount to stay the same, thus D would be correct.
Multi currency can be disable
"After enabled, multiple currencies can’t be disabled for your organization." https://help.salesforce.com/s/articleView?id=sf.admin_enable_multicurrency_implications.htm&type=5
After enabled, multiple currencies can’t be disabled for your organization. https://help.salesforce.com/s/articleView?id=sf.admin_enable_multicurrency_implications.htm&type=5
This one is 100% wrong & here is the proof https://help.salesforce.com/s/articleView?id=sf.administration_enable_advanced_currency_management.htm&type=5
Please check bullets one and four of this Salesforce help article: https://help.salesforce.com/s/articleView?id=sf.admin_enable_multicurrency_implications.htm&type=5
C is reversed
C is incorrect. D, mentioned that it's closed oppos, and values are not updated. This left the answer with A & B