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Question 2: What is the difference between entering historical rates and entering currency rates?
A. Currency rates are entered for active currency codes, while historical rates can be entered for any
currency codes.
B. Currency rates are entered as rates, while historical rates are entered as fixed values in the local
and translated currency.
C. Currency rates are actuality- and period-specific, while historical rates are account- specific.
D. Currency rates are multiplied by theconversion code, while the conversion code is ignored with
historical rates.
Correct Answer: B
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