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The acronym, RICE, stands for reports, interfaces, conversions, and enhancements
(or extensions).
RICE objects represent requirements not currently supported within the core
functionality of an Oracle Application Module being implemented and thus require
additional technical development to satisfy the functional requirement of a
organization.
A RICE object has a lifecycle throughout the project that includes approval to
develop, functional design specification, technical design specification, coding,
testing and implementation. The effort required to complete this development cycle
can be significant.