Identify the item below that would be classified as a resource by the REA data model.
A)An IOU from a customer.
B)The customer.
C)A customer sale.
D)A loan from a vendor.

Name: Identify the item below that would be classified as a resource by the REA data model. A)An IOU from a customer. B)The customer. C)A customer sale. D)A loan from a vendor.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

An IOU from a customer is a resource because it represents a claim to future economic benefits.

Identify the Item Below That Would Be Classified as a Resource