The Apply Missing Conversion Rates program can only be executed for a ___________.
A.
Ledger
B.
Business Unit
C.
Legal Entity
D.
Business Group
E.
Ledger Set
Explanation:
Missing Conversion Rate:
Controls what the system should do if it cannot find a conversion rate as of the conversion date
* If Report an Error is selected, the system will report an error and prevent a transaction or journal
from being posted in the source ledger; a conversion rate will need to be specified to successfully
convert data entered in the source ledger to this reporting currency.
* If Use Last Rate is selected, the system will use the last rate defined for a particular rate type if it
cannot find a currency conversion rate; if enabled, specify a number for the Number of Days to
Find the Last Rate.
Oracle Financials Implementation Guide, Selected Options for Journal and Subledger
Level Reporting Currencies
business unit
CORRECT ANSWER IS B