To allow the choice between using the exchange rate or ledger information for individual foreign inventory prices,you should -
A)make the choice in the ledger record for the inventory item
B)make the choice in the inventory ledger settings screen
C)make the choice in the foreign customer's ledger record screen
D)make the choice in the sales journal invoice screen

Question

Quizplus · Accepted Answer

The inventory ledger settings screen is the most appropriate place to allow the choice between using the exchange rate or ledger information for individual foreign inventory prices. This allows the choice to be applied consistently across all inventory items and provides a centralized location for managing the setting. Making the choice in the ledger record for the inventory item or the foreign customer's ledger record screen would require updating each record individually, which could be a time-consuming task. Making the choice in the sales journal invoice screen would only apply to individual invoices, rather than to all foreign inventory prices.

To Allow the Choice Between Using the Exchange Rate or Ledger