Consider the Following REA Diagram as You Respond to the Question

question 46

Multiple Choice

Consider the following REA diagram as you respond to the question: The box in the first column represents a(n) :

• A)Resource
• B)Event
• C)Internal agent
• D)External agent

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Definitions:

Logistics Activities

Operations involved in the management of the flow of goods from the point of origin to the point of consumption, encompassing transportation, warehousing, and inventory management.

Manufacturing Companies

Businesses involved in the production of goods using labor, machinery, and raw materials.

Services Sector

A segment of the economy composed of businesses and individuals that provide intangible goods or services to consumers, such as healthcare, education, finance, and hospitality.

Enterprise Resource Planning (ERP)

An integrated management of main business processes, often in real time and mediated by software and technology, aimed at improving efficiency and data accuracy.