REA Database Modelling Is Based on the Premise That

question 22

Multiple Choice

REA database modelling is based on the premise that:

• A)revenues,expenses and accrual items need to be identified for effective modelling
• B)in every exchange in a process there is a revenue,event and agent involved
• C)in every exchange in a process there is a resource,event and agent involved
• D)none of the options are correct

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Definitions:

Intimate Relationship

A close and personal relationship characterized by emotional, physical, and/or sexual intimacy between individuals.

Mutually Beneficial

A situation or relationship in which all parties involved gain benefits.

Propinquity

Geographic closeness.

Geographic Closeness

The physical proximity between places or individuals, often affecting their ability to interact and form relationships.