Active Currencies live in Company Profile, user record (Personal Setup) and in Opportunity (Record).
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A. B.A.
The statement "Active Currencies live in Company Profile, user record (Personal Setup) and in Opportunity (Record)" is true.
Active currencies are the currencies that an organization uses for its business transactions. In Salesforce, these currencies can be set up and managed at various levels, including the Company Profile, user record, and Opportunity record.
Company Profile: In the Company Profile, administrators can define the active currencies that the organization uses. They can also set the default currency for the organization and specify the currency used for multi-currency reports.
User Record (Personal Setup): In the Personal Setup of each user record, users can specify their personal currency preferences. This allows them to view currency amounts in their preferred currency on their home page, record pages, and reports.
Opportunity Record: When creating an Opportunity record, users can choose the currency used for the opportunity. This allows them to specify the currency used for the opportunity, which may differ from the organization's default currency.
In summary, active currencies are set up and managed at various levels in Salesforce, including the Company Profile, user record (Personal Setup), and Opportunity record. This allows users to view and work with currency amounts in their preferred currency and enables organizations to manage their business transactions in different currencies.