In the REA Framework, Relationships Among Entities Can Be Which

question 58

Multiple Choice

In the REA framework, relationships among entities can be which of the following?

• A) One-to-one
• B) One-to-many (many-to-one)
• C) Many-to-many
• D) All of the above

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Definitions:

Strategic Planning Team

A group of individuals from various departments within an organization responsible for developing long-term goals and strategies.

Mission Statement

Written explanation of an organization’s business intentions and aims.

Company's Objective

A set of goals or objectives that a company aims to achieve, which guide its internal strategy and decision-making processes.

Measurable

Capable of being precisely quantified or assessed, often used in the context of goals or performance indicators.