In Comparing the REA Model to the Traditional AIS,which of the Following

question 66

Multiple Choice

In comparing the REA model to the traditional AIS,which of the following is false?

• A) Traditional AISs contain only data about the financial aspects of transactions.
• B) A major advantage of the REA data model is that it integrates non-financial and financial data in the AIS and makes both types of data easily accessible to management.
• C) In the REA model, many financial statement items can be displayed by querying a single table.
• D) Accounts in the traditional AIS are analogous to resources in the REA-based relational database.

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Definitions:

Birth Rates

The number of live births per thousand of the population per year.

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, marked by significant technological advancements and changes in manufacturing processes.

Early Years

The initial stages or period of existence of a person, organization, or phenomenon.