Which action enables multicurrency in the Set Up wizard?

• A. Select rate account type for Flow and Balance accounts.
• B. Select translation methods for Flow and Balance accounts.
• C. Select Yes for the Multicurrency option.
• D. Select the main currency.

Answer: (C)

Turning on multicurrency in the Set Up wizard is what enables the multi-currency environment. This toggle activates the capability to handle multiple currencies, perform exchange-rate conversions, and apply translations across data. Selecting the main currency defines the base currency, but it doesn’t turn on the multicurrency feature by itself. Likewise, choosing rate account types or translation methods are configuration steps that apply once multicurrency is already enabled. So the action that enables multicurrency is selecting Yes for the Multicurrency option.