Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and Product segments for both financial and management reporting.
What is Oracle's recommended method for doing this?
Correct Answer: C
This is the recommended method for creating fully balanced balance sheets for multiple segments. By qualifying the segments as balancing segments, you can ensure that each segment value has a balanced set of asset, liability, and equity accounts. You can also use segment value security rules to restrict access to segment values based on user roles. This method also allows you to use different currencies for each segment value and perform currency translation at the segment level. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Configure Enterprise and Financial Reporting Structures - Define Chart of Accounts Segments 12