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The REA Model Is Based on the Premise That "Business

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Essay

The REA model is based on the premise that "business data must not be preformatted or artificially constrained and must reflect all relevant aspects of the underlying economic events." What does this mean and how is it applied?


Definitions:

Self-Determination Theory

A psychological theory focused on motivation, proposing that people have innate psychological needs that are the basis for self-motivation and personality integration.

Innate Tendency

Natural instincts or inclinations present at birth and not acquired through learning.

Competence, Autonomy

Attributes related to individuals' abilities to effectively perform tasks and make independent decisions, contributing to their sense of mastery and self-determination.

Relatedness

In psychology, relatedness refers to the need to feel connected to others, being an essential component of human motivation according to various theories, including self-determination theory.

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