List and explain the steps involved in preparing an REA model of a business process.
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Q59: Define duality.
Q60: When developing an REA model:
A)accounting artifacts are
Q61: How do the entity relationship (ER)and the
Q62: Explain how Take Order can be either
Q63: Why are journals and ledgers not modeled
Q65: Discuss the concept of duality as it
Q66: Define association.
Q67: How does the REA approach improve efficiency?
Q68: Describe the two economic events that occur
Q69: Discuss why adherence by the accounting profession
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