Prices in Base Currencies: Test Pool (ML-Generated)

  1. What scenarios require default prices to be maintained in multiple base currencies? (Select all correct responses.)
    • Multiple related companies with different base currencies are configured in the same tenant and share the list of non-stock items.
    • The prices in each company's base currency need to be used for maintaining the Manufacturer's Suggested Retail Price (MSRP) of products.
    • The standard cost of non-stock items needs to be maintained for a specific base currency.
    • The prices in each company's base currency need to be used for implementing a system of checks and balances.
  2. What is the purpose of selecting the Always Calculate Price from Base Currency Price check box on the Accounts Receivable Preferences form?
    • The system looks for an item's sales price in the base currency of the document's originating branch that is effective on the document date and then converts the price to the document currency.
    • The system automatically calculates the price of non-stock items based on the document currency.
    • The system enables users to manually enter the price for each sales document.
    • The system converts the price of the item to the base currency of the document's originating branch.