The life cycle of a transaction’s accounting impact is modeled by using__________.
A.
Event Classes and Types
B.
Process Categories
C.
Journal Categories
D.
Journal Sources
E.
Event Entities
Explanation:
Note:
* Accounting events have financial accounting significance and are used as a basis for the ecording of financial information.
*The event status is an indicator of what actions have been completed on the transaction and what
operations are yet to be done. It is a snapshot of where the transaction is in its accounting event
life cycle.
Oracle Financial Services Accounting Hub Implementation Guide