What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

• A. Optimize parent/child relationships.
• B. View information for runtime performance.
• C. Verify correctness of trees.
• D. Set the status of a tree to active.
• E. Create additional versions of a tree.

Which two are valid Data Access Set types? (Choose two.)

• A. Primary Balancing Segment Value
• B. Full Ledger
• C. Read and Write access
• D. Read Only access
• E. Full access

A subsidiary company is about to configure their General Ledger in a highly regulated country where there is a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger must use the local currency, and there is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
Which two ledger types should be configured to fulfill this reporting requirement?

• A. Secondary ledger with the IFRS accounting convention
• B. Reporting currency with the local accounting convention
• C. Primary ledger with the IFRS accounting convention
• D. Reporting currency with the IFRS accounting convention
• E. Primary ledger with the local accounting convention

Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

• A. In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.
• B. Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
• C. Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
• D. Each product has its own Intercompany Accounting feature that needs to be configured separately.