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Exam MB-210 topic 1 question 20 discussion

Actual exam question from Microsoft's MB-210
Question #: 20
Topic #: 1
[All MB-210 Questions]

You have opportunities that have values in multiple currencies. The currency exchange rate automatically updates.
You need to ensure that currency values are accurately reported.
When is the new currency exchange rate applied to the opportunity records?

  • A. when a change is made to a currency field
  • B. when a user opens the opportunity record
  • C. when a user manually recalculates opportunity
  • D. when the calculate rollup field system job for the msdyn_projectteam entity runs
Show Suggested Answer Hide Answer
Suggested Answer: A 🗳️

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ned
Highly Voted 4 years, 9 months ago
A is the correct answer. A change to a quantity in a record doesn't force the record's money fields to be recalculated based on the latest exchange rate. When the exchange rate is updated for a transaction currency, the existing records that the currency is assigned to aren't updated. But if a money field in one of these records is later updated, or if the state of the record changes, the system retrieves the latest exchange rate for the currency and recalculates the record's money fields based on the latest rate. When you view a record, the monetary values that are shown are based on the exchange rate that was last assigned to the record. This rate might not reflect the latest exchange rate. For example, when an order is created, the values of its money fields are calculated based on the exchange rate that's in effect for the assigned currency at that time. If the order is viewed ten days later, the values of the money fields still reflect the exchange rate that was applied when the order was created, even though the exchange rate that's assigned to the currency might have been updated several times since the order was created.
upvoted 34 times
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MAKHUNXA
Highly Voted 4 years, 9 months ago
A - answer is correct - it changes when record's status change i.e. when opportunity closes - when field's value changes
upvoted 16 times
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HLiConsultingTunisie
Most Recent 11 months ago
In my opinion, the correct answer is "C" because the option "A" works only when there is a workflow created for this action.
upvoted 1 times
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NA1926
1 year ago
Selected Answer: A
corretto
upvoted 1 times
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NA1926
1 year, 1 month ago
Selected Answer: A
correct
upvoted 1 times
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Vin22CRM
1 year, 4 months ago
Selected Answer: A
A is correct
upvoted 1 times
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Ram0883
2 years, 2 months ago
Selected Answer: A
A is the correct option
upvoted 2 times
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moodi86
2 years, 10 months ago
can someone who voted for A explain how would you change currency field? I think answer is A, we need to manually recalculate
upvoted 1 times
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jit55
4 years, 3 months ago
Answer is A
upvoted 2 times
Dean0918
3 years, 8 months ago
Agree with A
upvoted 1 times
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OLTAC
4 years, 3 months ago
The correct answer is A. The cases when the exchange rate updates are only when the record is newly created (logically), or in an existing record what triggers the update is any change in any currency field or any change in the status of this record
upvoted 2 times
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Rachha
4 years, 4 months ago
A. when a change is made to a currency field
upvoted 3 times
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Mukesh87Prasad
4 years, 5 months ago
A. when a change is made to a currency field - IT'S CORRECT
upvoted 1 times
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Preety
4 years, 9 months ago
In exam
upvoted 1 times
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Theodhora
4 years, 10 months ago
https://us.hitachi-solutions.com/blog/dynamics-crm-multiple-currencies/
upvoted 1 times
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maximn1384
4 years, 11 months ago
A is correct - base currency is recalculated when you make a change to one of the currency fields
upvoted 12 times
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omarrana
4 years, 11 months ago
Base currency value calculated only when data is updated for a reason. As you know exchange rate changes everyday and if base currency is calculated everyday then there is no way to keep actual value. In order to keep historic data crm only recalculates base currency only when you update any currency field value of the record. Here is the solution that updates the exchange rate everyday daily basics and it will eliminate need to recalculate base currency. community.dynamics.com/.../microsoft-crm-2013-currency-exchange-rates-actualization.aspx
upvoted 4 times
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omarrana
4 years, 11 months ago
is it D?
upvoted 1 times
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