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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