Which Is a True Statement About the REA Data Model

question 4

Multiple Choice

Which is a true statement about the REA data model?

• A) The REA data model classifies entities into three distinct categories.
• B) The term REA is an acronym that stands for resources, entities, and agents.
• C) Using an REA data model is not helpful when creating an R-E diagram.
• D) The "E" in the REA data model stands for things that have an economic value to the organization.

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Definitions:

Lifeworld

A term in philosophy and social sciences referring to the individual's personal world of experience and meaning separate from systemic structures.

Micro Social Phenomena

refers to the small-scale social events and interactions between individuals or small groups that contribute to the larger societal structure.

Macro Social Phenomena

Large-scale social processes and structures that influence societies and individuals, such as institutions, trends, and demographic changes.

Process of Civilization

The process of civilization refers to the historical evolution of human societies towards more complex forms of social, political, and cultural organization and order.