You are changing the currency in the report settings for a report suite called ‘A’. What does the translation rate represent in the reports?
A.
The translation rate represents the selected currency compared to your Global Report Suite currency at the time the currency value was collected.
B.
The translation rate represents the selected currency compared to your Report Suite currency for the current exchange rate.
C.
The translation rate represents the selected currency compared to your Report Suite currency at the time the currency value was collected.
D.
The translation rate represents an accurate translation of the selected currency compared to your Report Suite currency for the month you are currently in
C. The translation rate represents the selected currency compared to your Report Suite currency at the time the currency value was collected.
When you change the currency in the report settings for a report suite, the translation rate is used to convert the collected data, which is originally in the Report Suite's currency, into the selected currency. It reflects the exchange rate or conversion factor that was in place at the time when the data was originally collected or recorded in the Report Suite's currency. This allows you to view the data in a different currency for reporting purposes.
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Dremoney
1 year, 6 months ago