While entering an expense report for your corporate card transactions, you notice that the conversion rate defined in the Manage Conversion Rates and Policies page is not used. What is the reason?
A. You did not define conversion rates for your business unit.
B. You did not specify a default expense template.
C. Only cash transactions use those settings.
D. You did not define conversion rates in the General Ledger Cloud.
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C
https://docs.oracle.com/en/cloud/saas/financials/19d/faiex/implementing-expenses.pdf
“You can specify the following conversion rate behavior on the Edit Conversion Rates and Policies page:
• Type of conversion rate, whether Corporate, Spot, or User
• Whether you want the conversion rate to default onto a newly created expense report
Note: The default conversion rate is only applicable to cash transactions.”
C