Which of the Following Items Can Best Be Described as an "Event

question 7

Short Answer

Which of the following items can best be described as an "Event" in the REA data model?
A. Cash.
B. Cashier.
C. Cash collection.
D. None of the above is correct.

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Definitions:

Requirement

A stipulated condition or standard that must be met or complied with, often within a legal, regulatory, or contractual context.

Charging Order

A court’s order granting rights in a partner’s transferable interest to a personal creditor of the partner; a creditor with a charging order is entitled to the partner’s share of partnership distributions.

Transferable Partnership Interest

The aspect of a partner's share in a partnership that can be transferred or sold to another party, subject to the partnership agreement.

Judgment

A formal decision or conclusion by a judge or court at the end of a lawsuit.