John, the rates manager at ABC Company in the USA, is in charge of maintaining currency rates
for the entire company. John had defined the rates for GBP to USD and GBP to Indian Rupee
(INR) only. Sam, the company accountant, is worried that he would not be able to execute
transactions involving USD and INR currencies. What does John say to help Sam?
A.
Currency Rates Manager automatically converts all transactions entered in INR to USD.
B.
Currency Rates Manager automatically converts all transactions entered in INR to GBP first and
then to USD.
C.
Currency Rates Manager automatically performs the calculation between USD and INR on the
basis of cross-rate rules.
D.
Sam must manually define the USD to INR rates first, to be able to enter transactions involving
USD and INR currency.
E.
Sam must manually define the INR to USD rates first, to be able to enter transactions involving
USD and INR currency.