Identify the two true statement related to Application Settings for translating dat a. (Choose two.)

In Oracle Hyperion Financial Management (HFM), Application Settings define translation methods for financial accounts during currency translation. The PVAforBalance (Periodic Value Analysis for Balance) setting determines how Balance accounts are translated: selecting PVAforBalance enables the periodic translation method, whereas deselecting it defaults to the period-end translation method. Similarly, the PVAforFlow setting governs Flow accounts (such as Revenue and Expense): selecting PVAforFlow applies the periodic translation method, while deselecting it enforces the period-end translation method. These settings ensure compliant financial translation logic according to governing accounting standards such as US GAAP and IFRS.

A: Selecting PVAforBalance enables the periodic translation method, not the period-end method; deselecting it enables the period-end method. B: Selecting PVAforFlow enables the periodic translation method, not the period-end method; deselecting it enables the period-end method.

- Oracle Hyperion Financial Management Administrator's Guide, Release 11.1.2.4, Chapter 4: "Defining Application Settings", Section: "Translation Options", pp. 65-70.

- Oracle Enterprise Performance Management System Financial Management Administrator's Guide, Appendix A: "Currency Translation Methods", pp. 305-312.