Basic video help question

I would please like to know few steps.

I have to play a video in my flash movie. That video will come from final cut pro. I would like to know which format the video has to be? Also Do I need to upgrade to Flash Pro or Flash MX 2004,version 7.2 (educational version will do)

Oh also, when I import the video,I have to convert it to a movie clip right. Because I have a button and on(Release), I would like to play it.

Thank you so much. I really need this help please