Your client has specific customization needs for accounting rules. Which two options can they use to accomplish this?

The correct choice revolves around the process of customizing accounting rules in Oracle Cloud. Copying and renaming predefined subledger journal entry rule sets is a strategic approach because it allows for modifications without impacting the original predefined templates. This ensures that users can customize the rules to fit their specific needs while maintaining a standard baseline that can be reverted back to if necessary.

This process promotes flexibility and saves time, as it enables clients to leverage existing frameworks to create tailored solutions. When you copy a predefined rule set, you can modify the duplicate as needed, without encountering the risks associated with altering the original rule set, which might be used elsewhere or be subject to future updates.

On the other hand, modifying existing journal entry rule sets without restrictions can lead to inconsistencies or potential errors, especially if the original settings are needed for other functions or if future updates are released by Oracle. Implementing a new version control system for financial reporting may assist with tracking changes but does not directly relate to the customization of accounting rules themselves. Lastly, the alignment of the subledger journal entry rule set with the accounting method is crucial for proper financial reporting and compliance, making the assertion that it does not need to match incorrect in this context.

Therefore, choosing to copy and rename predefined subledger