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Question 166 - Certified Sales Cloud Consultant discussion

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Cloud Kicks is expanding its operations to Europe. The company wants to enable able Advanced Currency Management to support both EUR and USD currencies, and show the total values of open opportunities on account records.

How should the consultant implement a solution to meet the requirement?

A.
Use a custom summary formula field on the Opportunity.
Answers
A.
Use a custom summary formula field on the Opportunity.
B.
Install a third-party app from the AppExchange.
Answers
B.
Install a third-party app from the AppExchange.
C.
Use a Roll-up Summary field from the Opportunity to the Account.
Answers
C.
Use a Roll-up Summary field from the Opportunity to the Account.
D.
Create a cross-object formula field on the Account.
Answers
D.
Create a cross-object formula field on the Account.
Suggested answer: C

Explanation:

Using a Roll-up Summary field from the Opportunity to the Account is the best way to meet the requirement of showing the total values of open opportunities on account records when enabling Advanced Currency Management. A Roll-up Summary field is a field that calculates values from related records, such as count, sum, min, max, etc. Advanced Currency Management is a feature that allows users to enable dated exchange rates and track historical exchange rates in Salesforce. By using a Roll-up Summary field from the Opportunity to the Account, Cloud Kicks can display the sum of the open opportunity amounts on each account record, and use the dated exchange rates to convert the currency amounts based on the close date of the opportunities.

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asked 23/09/2024
Francinilo Leitao Ferreira
34 questions
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