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:

General Anxiety Disorder

A psychological disorder characterized by excessive, uncontrollable worry about everyday things that is disproportionate to the actual source of worry.

Amnesias

A condition characterized by a significant memory loss that is not caused by normal forgetting.

Dissociation

A psychological condition in which there is a disconnection or lack of continuity between thoughts, memories, surroundings, actions, and identity.

Encode

The process by which information is transformed into a format that can be stored and later retrieved from memory, crucial in learning and cognition.