Question 1
The REA data model
◦ is used in many areas of business and science.
◦ was developed specifically for use in designing accounting information systems.
◦ classifies data into relationships, entities and accounts.
◦ is a graphical technique for portraying a database schema.
Question 2
Which of the following is
not one of the rules in creating an REA data model?
◦ Each event is linked to at least one resource that it affects.
◦ Each event is linked to at least one other event.
◦ Each event is linked to at least two participating agents.
◦ All of these are important rules.