Which of the following items can best be described as an "Agent" in the REA data model?
A)Purchases.
B)Purchasing manager.
C)Raw material inventory.
D)Purchase returns.

Question

Quizplus · Accepted Answer

An agent in the REA data model is a person or entity that performs an economic activity within the organization. The purchasing manager is a person who is responsible for purchasing goods and services for the organization, making them an agent in the REA data model. Purchases, raw material inventory, and purchase returns are all examples of resources and not agents.

Which of the Following Items Can Best Be Described as an "Agent