Which Types of Entities Are Included in REA Diagrams

question 3

Multiple Choice

Which types of entities are included in REA diagrams?

• A) support events
• B) economic events
• C) internal agents
• D) all of the above

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Definitions:

Transactive Mode

A method of interaction where knowledge and information are exchanged among individuals through a process of communication and transaction.

Traditional Mode

Conventional or long-established ways of operating or doing something.

Plan

A detailed proposal for doing or achieving something, often outlining goals, strategies, and actions to be taken.

Implement

To put a decision, plan, strategy, or law into effect or action.