Multiple Choice
One of the following is not a required step in setting up foreign currency sales and purchases -
A) enter the linked account for tracking exchange rate differences
B) choose the foreign currency in the supplier and customer ledger
C) choose a foreign currency bank as the linked account
D) all of these are necessary steps
Correct Answer:

Verified
Correct Answer:
Verified
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Q21: Which one of the following is the
Q22: To allow the choice between using the
Q23: To check the accuracy of the inventory
Q24: Foreign selling prices for inventory items -<br>A)are
Q26: Which one of the following general statements
Q27: The first step in setting up company
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Q29: Which one of the following statements about
Q30: Creating the record for inventory items requires