Use the following scenario for the next questions.Suppose that you are developing a relational database for an accounting system using the REA framework approach. The organization makes over-the-counter sales where the customer walks in, an employee (sales rep) sells products to the customer and turns over the products to the customer, and the customer walks out. All sales are on credit, and employees are paid commissions on their sales.
-What is a resource in the sale event in the REA framework?
A) Purchase order
B) Inventory
C) Employee
D) Customer

Question

Quizplus · Accepted Answer

In the sale event, the inventory is the resource that is being exchanged or consumed.

Answer: A, B, C, D 
 The sale event involves multiple components of the REA framework: resources (inventory, employee, and customer), events (sale), and agents (employee). Additionally, the fact that sales are on credit implies the need for a liability account to track amounts owed by customers.

Use the Following Scenario for the Next Questions