Concerning the Development of an REA Model,which of the Following

question 73

Multiple Choice

Concerning the development of an REA model,which of the following statements is true?

• A)Events that pertain to the entry of data are included in the REA model.
• B)The objective is to model the basic value-chain activity.
• C)REA diagrams model individual transactions and data collections.
• D)Information retrieval events are modeled as events in the REA model.

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Definitions:

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