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 recommended approach to performing consolidations?
A.
Use Oracle Hyperion Financial Management for this type of complex consolidation.
B.
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.
C.
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.
D.
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.
Explanation:
https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e20374/F1021769AN39317.htm
B.