Let me explain something if I can.
Potentiometer: A
potentiometer (or
pot for short) is an
electronic component which has a user-variable
resistance.
Usually, this is a three-terminal resistor where the center, sliding connection is manipulable. If all three terminals are used, it acts as a variable
voltage divider.
NOTE the term voltage divider, it basically splits the resistance seen by the voltage which will vary the voltage output from the center wiper. This is NOT a variable resistor, it is a "changing" resistance.
A rheostat uses 2 wires and is in series with the circuit, therefore it is a variable resistor and controls current.
Many drives have their own DC source voltage to be used for control or analog inputs, not sure that I have seen any that didnt.
Most analog cards used by plc can be referenced by ANY dc source, personally not aware of any that arent.
That said this manual shows wiring for many AB analog modules:
http://literature.rockwellautomation.com/idc/groups/literature/documents/td/1746-td001_-en-p.pdf
On page 9 of that manual it shows a drawing for the NO4V and makes this statement:
The 1746-NO4I and -NO4V analog output modules have connections for user-supplied 24V dc power supplies. When external 24V dc power is used, the module only draws 5V dc current from the SLC backplane.
Far as I know it dont care where the "user supplied 24vdc" comes from.