Which of the Following Statements About REA Modeling and REA

question 40

Multiple Choice

Which of the following statements about REA modeling and REA diagrams is false?

• A)REA is an acronym for Resources,Entities,and Agents.
• B)REA data modeling does not include traditional accounting elements such as ledgers,chart of accounts,debits and credits.
• C)REA data modeling could be referred to as an events-based model.
• D)REA diagrams must include at least two activities,which together represent a give-get economic exchange.

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Definitions:

Project-Based

A learning approach where individuals gain knowledge and skills by working for an extended period of time to investigate and respond to a complex question, problem, or challenge.

Systems Documentation

Detailed information and manuals that describe the system specifications, architecture, and components for understanding, maintaining, and troubleshooting the system.

Technical Writer

A professional who creates clear, easy-to-understand documentation for technical and complex topics, such as user manuals and instructional materials.

Network Administrator

Person who maintains networks for a business or organization.