11 which of the following is not one of the rules in creating an rea data model a ea 4306041

11 which of the following is not one of the rules in creating an rea data model a ea 4306041

11) Which of the following is not one of the rules in creating an REA data model?

A) Each event is linked to at least one resource that it affects.

B) Each event is linked to at least one other event.

C) Each event is linked to at least two participating agents.

D) All of the above are important rules.

12) Which is a true statement about the REA data model?

A) The REA data model classifies entities into three distinct categories.

B) The term REA is an acronym that stands for resources, entities, and agents.

C) Using an REA data model is not helpful when creating an R-E diagram.

D) The “E” in the REA data model stands for things that have an economic value to the organization.

13) An REA diagram must link every event to at least one ________ and two ________.

A) resource; agents

B) agent; resources

C) transaction; entities

D) resource; relationships

14) Each event in an REA model will in most cases have at least one ________ agent and one ________ agent involved with the event.

A) internal; resource

B) external; entity

C) internal; employee

D) internal; external

15) Relationships that affect the quantity of a resource are sometimes referred to as ________ relationships.

A) commitment

B) exchange

C) stockflow

D) duality

16) The “give” event represents an activity which

A) includes a promise to engage in future economic exchanges.

B) increases the organization's stock of an economic resource.

C) reduces the organization's stock of a resource that has economic value.

D) none of the above

17) The “get” event represents an activity which

A) includes a promise to engage in future economic exchanges.

B) increases the organization's stock of an economic resource.

C) reduces the organization's stock of a resource that has economic value.

D) none of the above

18) Which of the following statements is true about the development of an REA model?

A) Events that pertain to the entry of data are included in the REA model.

B) The objective is to model basic value-chain activities.

C) REA diagrams model individual transactions and data collections.

D) Information retrieval events are modeled as events in the REA model.

19) Developing an REA diagram for a specific transaction cycle begins by identifying

A) relevant events.

B) agents involved.

C) resources affected.

D) relationship cardinalities.

20)  Which of the following is false about cardinalities?

A) Cardinalities describe the nature of the relationship between two entities.

B) No universal standard exists for representing information about cardinalities in REA diagrams.

C) The minimum cardinality can be zero or one.

D) The maximum cardinality can be zero, one, or many.

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