Which of the below statements is false with respect to REA diagrams for individual transaction cycles?
A)They depict basic give-to-get economic duality relationships.
B)They usually provide only a partial view of resources.
C)They need to be combined in order to provide a comprehensive enterprise-wide data model.
D)They show both how resources are acquired and how they are used.

Question

Quizplus · Accepted Answer

REA diagrams for individual transaction cycles typically focus on the acquisition or use of resources, not both simultaneously.

Which of the Below Statements Is False with Respect to REA