A Raw Materials Requisition event in a conversion process modeled using the REA enterprise ontology is what kind of event?
A) An economic increment event
B) A commitment event
C) An instigation event
D) An economic decrement event
E) An economic reversal event

Question

Quizplus · Accepted Answer

A Raw Materials Requisition event is a commitment event because it represents a commitment to use raw materials in the production process, but does not yet involve the actual economic decrement of inventory.

A Raw Materials Requisition Event in a Conversion Process Modeled