Classes Could Be Grouped into Resources (R),Entities (E),and Assets (A)in

question 27

True/False

Classes could be grouped into Resources (R),Entities (E),and Assets (A)in data modeling.

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Definitions:

Non-Current Assets

Assets that are expected not to be converted into cash within a year and are long-term resources of a company, such as property, plant, and equipment.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Interest Paid

The total amount of interest payments made on any borrowed funds or debt over a specific period.

Operating Activities

Transactions and events that enter into the determination of net profit or loss, involving the primary revenue-producing activities of the enterprise and other activities that are not investing or financing activities.