Concerning the use of REA diagrams to retrieve information from a database:
A)Although neither journals nor ledgers appear explicitly in an REA diagram,each can be created through appropriate queries.
B)The information normally found in a journal is contained in the tables used to record data about events.
C)Much of the information about an organization's assets that is traditionally recorded in ledgers is stored in resource tables in an REA-based relational database.
D)All of the above

Question

Quizplus · Accepted Answer

All of the statements are true. While REA diagrams do not explicitly show journals or ledgers, the information contained within them can be queried from the database tables representing events and resources in the REA model. Therefore, much of the information normally found in journals and ledgers is still captured and stored within an REA-based relational database.

Concerning the Use of REA Diagrams to Retrieve Information from a Database