You are implementing Segment Value Security rules. Which two statements are true?

• A. The Segment Value Security rules do not take effect until you assign the rules to users and products.
• B. When you enable Segment Value Security on a segment, users will not be able to access any values until you grant access to users and products.
• C. When you enable or disable Segment Value Security, you do not need to redeploy your chart of accounts.
• D. You can use hierarchies to define rules.

You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What does Oracle consider as best practice to define this chart or accounts?

• A. Define the company segment only and qualify it as both the primary balancing segment andintercompany segment.
• B. Use two different value sets for the company and intercompany segment because segment value security rules are at the value set level.
• C. Define two different charts of accounts.
• D. Share the same value set for the company and intercompany segments to reduce chart of accounts maintenance.

Your customer has a large number of legal entities. The legal entity values are defined in the company segment and the primary balancing segment. They want to easily create eliminating entries for the intercompany activity.
What should you recommend?

• A. Define an intercompany segment and qualify it as the second balancing segment to make sure all entries are balanced for the primary balancing segment and intercompany segment.
• B. Define an intercompany segment in the chart of accounts. The Intercompany module and the intercompany balancing feature in general ledger and sub ledger accounting will automatically populate the intercompany segment with the balancing segment value of the legal entity with which you are trading.
• C. There is no need to define an intercompany segment, the Intercompany module keeps track of the trading partners for you based on the Intercompany rules you define.
• D. There is no need to define an intercompany segment. You can track the Intercompany trading partner using distinct intercompany receivable/payable natural accounts to identify the trading partner.

All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts and/or accounting calendar and currency. There is no minority interest or partial ownerships.
What is Oracle's recommend approach to performing consolidations?

• A. Translate balances to the corporate currency, create a chart of accounts mapping to the corporate Chart of accounts, then transfer balances to the corporate consolidation ledger using the balance transfer program.
• B. Create separate ledgers for each subsidiary that shares the same chart of accounts, calendar, currency and accounting method. Create a separate elimination ledger to enter intercompany eliminations, then create a ledger set across all ledgers and report on the ledger set.
• C. Use Oracle Hyperion Financial Management for this type of complex consolidation.
• D. Translate balances to the corporate currency for ledgers not in the corporate currency, use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary.