Objective 3
1) In an REA model, entities are business objects or events.
2) In a REA model, an agent is related to a resource through an event.
3) In a REA model, a resource has an intangible value.
4) An REA diagram does not depict agent dependents.
5) In a REA model, a(n) ________ is a person or organization involved in events and can include
a vendor, employee, or customer.
6) In an REA, a(n) ________ has an economic value to the enterprise, such as inventory.
7) In an REA model, a(n) ________ included activities and transactions.
8) In an REA, an entity can be a
A) Business object or event
B) Resource or business object
C) Resource, event, or agent
D) Business object or agent