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NEW QUESTION: 1
John, the rates manager at ABC Company in the USA, is in charge of maintaining currency rates for the entire company. John had defined the rates for GBP to USD and GBP to Indian Rupee (INR) only. Sam, the company accountant, is worried that he would not be able to execute transactions involving USD and INR currencies. What does John say to help Sam?
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B. Currency Rates Manager automatically performs the calculation between USD and INR on the basis of cross-rate rules.
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D. Currency Rates Manager automatically converts all transactions entered in INR to GBP first and then to USD.
E. Currency Rates Manager automatically converts all transactions entered in INR to USD.
Answer: B
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