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Author Question: The REA data model approach facilitates efficient operations by all the following except (Read 55 times)

magmichele12

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on: Apr 8, 2019

Question 1

Which of the following statements about REA modeling and REA diagrams is false?
◦ REA is an acronym for Resources, Entities, and Agents.
◦ REA data modeling does not include traditional accounting elements such as ledgers, chart of accounts, debits and credits.
◦ REA data modeling could be referred to as an events-based model.
◦ REA diagrams must include at least two activities, which together represent a give-get economic exchange.

Question 2

The REA data model approach facilitates efficient operations by all the following except
◦ standardizing source document format.
◦ identifying non-value added activities.
◦ storing financial and nonfinancial data in the same database.
◦ organizing data to simplify data retrieval and analysis.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by magmichele12 on Apr 8, 2019

milbourne11

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Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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magmichele12

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Reply 2 on: Apr 8, 2019
Thanks for the timely response, appreciate it

Viet Thy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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