When defining a new level, what must be added regarding currency?

When defining a new level in Workday Adaptive Planning, it is essential to add currency information to ensure that financial data is properly represented and processed at that level. Including the appropriate currency allows for consistent reporting, accurate calculations, and effective financial analysis across different dimensions of your planning model.

By adding currency, users ensure that any monetary values associated with that level are correctly interpreted within the context of the broader plan, which can include multiple currencies if necessary. This step is crucial for organizations operating in global markets or those that handle transactions in various currencies, as it facilitates clearer insights and better decision-making.

The other options, while they pertain to currency considerations, do not directly align with the requirement for defining a new level. Removing previous currency could lead to data loss or confusion, multiplying currency values might distort the financial understanding, and converting currency formats may not directly relate to the establishment of a new level, as that primarily focuses on inclusion of currency rather than its modification or removal.