Computer Operations Inc. has its headquarters in Frankfurt. It uses two ledgers: one for corporate accounting (primary) and another for statutory reporting (secondary). Both ledgers have different charts of accounts and accounting calendars but use EUR as the functional currency. It has a subsidiary in California, which uses its own chart of accounts and the USD currency. Identify two options by which Computer Operations Inc. can consolidate their global operations. (Choose two.)
A. A secondary ledger must be defined for California.
B. Consolidation can be done by mapping between the California secondary ledger and the Frankfurt secondary ledger.
C. A new ledger set must be defined, which will group the Frankfurt primary ledger and the California secondary ledger.
D. The chart of accounts and calendar of the Frankfurt secondary ledger must be the same as that of the California secondary ledger.
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