Identify the Entity Linked to Almost Every Other Entity in an REA

question 30

Multiple Choice

Identify the entity linked to almost every other entity in an REA diagram for HRM/payroll cycles.

• A) Employee
• B) Job title
• C) Payroll
• D) Worker I.D.

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Definitions:

Freight

The charge paid for transport of goods by sea, air, or land, typically based on the weight and distance of the shipped items.

Cash Discount

A reduction in the price of goods or services offered to purchasers as an incentive for early payment.

Discount Date

The specified date when a payment is to be made with a discount for early settlement.

Due Date

The due date is the date by which a payment, bill, or other obligation must be paid.