Identify the item below that would be classified as a resource by the REA data model.
A) an IOU from a customer
B) the CFO
C) a customer sale
D) none of the above

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 CFO C) a customer sale D) none of the above
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Question

Quizplus · Accepted Answer

An IOU from a customer represents a claim to future economic benefit and would be classified as a resource by the REA data model.

Identify the Item Below That Would Be Classified as a Resource