Multiple Base Currencies: Test Pool (ML-Generated)

  1. Why would an organization need to configure the multiple base currency functionality in Acumatica ERP?
    • To set up companies with different base currencies in one tenant
    • To make it possible to use purchase requisitions and projects with multiple base currencies
    • To restrict customer and vendor visibility
    • To implement a system of checks and balances for financial areas in Acumatica ERP
  2. What steps do you perform to implement the support of multiple base currencies in Acumatica ERP?
    • Verifying that the unsupported features are NOT in use and enabling the needed features: Multicompany Support, Multicurrency Accounting, and Customer and Vendor Visibility Restriction
    • Disabling the Multicompany Support feature and enabling the Multicurrency Projects feature
    • Enabling the Multiple Base Currencies feature without verifying the use of unsupported features
  3. What is the purpose of creating a company group on the Company Groups form?
    • To group together companies that have the same base currency
    • To group together companies to bill them simultaneously
    • To group together companies to update them simultaneously
  4. On which form do you select a base currency for a company?
    • Companies
    • Customers
    • Vendors
    • Company Groups