Logic of cost accounting journal entry calculation in a foreign currency

Summary:

How does Oracle Cloud behave in the cost accounting journal entry calculation logic when using a secondary ledger with a foreign currency ?

Content (please ensure you mask any confidential information):

What has been visualized is that if the purchase order is in a foreign currency it first converts it to the functional currency and then converts it back to the foreign currency for the cost posting in the secondary ledger.

Version (include the version you are using, if applicable):

Oracle Fusion Cloud Applications 24C (11.13.24.07.0)

Code Snippet (add any code snippets that support your topic, if applicable):