In comparing the REA model to the traditional AIS,which of the following is false?
A) Traditional AISs contain only data about the financial aspects of transactions.
B) A major advantage of the REA data model is that it integrates non-financial and financial data in the AIS and makes both types of data easily accessible to management.
C) In the REA model, many financial statement items can be displayed by querying a single table.
D) Accounts in the traditional AIS are analogous to resources in the REA-based relational database.

Question

Quizplus · Accepted Answer

The statement in option D is false. In the REA model, accounts are not analogous to resources. Instead, accounts are derived from the attributes of resources and events in the model. Accounts are used to record the monetary value of changes that occur in the resources as a result of events.

In Comparing the REA Model to the Traditional AIS,which of the Following