In an Integrated REA Diagram,a Focal Event Is One That

question 23

Multiple Choice

In an integrated REA diagram,a focal event is one that

• A)is linked to at least two other events and has a minimum cardinality of zero with the linked events.
• B)is linked to at one other event and has a minimum cardinality of zero with the linked events.
• C)is linked to at least two other events and has a minimum cardinality of one with the linked events.
• D)is linked to at least one other event and has a minimum cardinality of one with the linked events.

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Definitions:

Per-unit Burden

The financial impact or cost of a tax, fee, or regulation expressed on a per unit basis.

Tax

Compulsory contributions made to government revenues, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

Per-unit Burden

The tax cost to a buyer or a seller for each unit of a good or service, often used to analyze the effect of taxes on market equilibrium.

Tax

A financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.