In an REA model,events are described from the perspective of
A)the organization
B)the designer
C)the user
D)the customer

Question

Quizplus · Accepted Answer

The REA model is a methodology for designing accounting information systems that uses the concepts of resources, events, and agents. The events in an REA model are described from the perspective of the organization, which is the entity for which the accounting information system is being designed. The model captures the economic events that occur within the organization, and it provides a framework for organizing and analyzing the information needed to manage those events effectively. Therefore, the best choice is A, as events are described from the perspective of the organization.

In an REA Model,events Are Described from the Perspective of