Final answer:
The convertCurrency() function applies local formatting to currency fields.
Step-by-step explanation:
convertCurrency() applies local formatting to standard and custom currency fields.
True.
convertCurrency() is a function used in programming, specifically in web development, to format currency values according to the local currency format. This function is commonly used to display currency values in a user-friendly way, taking into account the specific formatting rules and symbols used in different countries and regions.
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