COST ACCOUNTING
COST MANAGEMENT SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rule sets assigned to a secondary ledger with a different COA
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Rule sets that have a mapping set to convert the accounts
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Rule sets not associated with any chart of accounts
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Rule sets where the accounting rules override the method rule set
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Rule sets that use the same chart of accounts
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Detailed explanation-1: -If the accounting method has an assigned chart of accounts, you can select journal entry rule sets that use that same chart of accounts, or that are not associated with any chart of accounts. Select an option to assign existing journal entry rule sets or define a new one.
Detailed explanation-2: -The accounting sequence is assigned to subledger journal entries at the time that the journal entry is completed.
Detailed explanation-3: -SLA is a common rule-based accounting engine used by Oracle products that posts accounting entries into Oracle General Ledger. Rules are user defined, and reside in a common repository for all subledger applications such as Oracle Cost Management.
Detailed explanation-4: -Subledger journal entry rule sets provide the definition for generating a complete journal entry for an accounting event. Select the option to define the subledger journal entry rule set for a particular accounting event class or accounting event type.
Detailed explanation-5: -Journal entry rule set like a grouping component which groups all the other definitions that you might have defined under a subledger application. The Journal Line Rules defines the debit and credit side of the journal entry.