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.