The rea data model
Course:- Accounting Basics
Reference No.:- EM13874728

Assignment Help
Assignment Help >> Accounting Basics

Question: "The REA Data Model" Please respond to the following:

Your firm wants to move from a relational database model to the REA data model. Explain to your senior management the risks and rewards of such of a move. Be sure to provide specific examples to support your response.

As we know, the REA data model is an emerging technology change. Make five recommendations for creating useful entity-relationship (E-R) diagrams. Rank them in level of importance, and then justify your ranking.


Verified Expert

Preview Container content

Relational data base model has been in use for several decades and this model has won trust of the users. However the technology is ever changing and now some firms prefer to use Resource Event Agent (REA) data model over relational database model. While the relational database model is event based, REA database model is event driven. REA database model is based upon the relationship of the database items. This model is based upon the relational database model but it provide a better pictorial view of the relational database. Various symbols are used to demonstrate the various aspects of the database items. Rectangles represents entities, relationship between the entities is represented by diamonds and oval represents the attributes.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Accounting Basics) Materials
Garrison Co. owns 20,000 of the 50,000 outstanding shares of Steele, Inc. common stock. During 2011, Steele earns $800,000 and pays cash dividends of $640,000. If the beginn
A sample of 17 employees are asked about their family dental expenses in the preceding year and report an average of X bar equals $ 770.29 with a standard deviation of S eq
Complete the following assignment. Submit your responses in MSWord as one document. Label each section clearly. If you choose to use an Excel spreadsheet for question 1, p
Calculate depreciation for the years ending 30th June 2010 to 30 June 2014 using the units of production method and prepare general journal entries to record the purchase of t
If a CPA is engaged by an attorney to assist in the defense of a criminal tax fraud case involving the attorney's client, information obtained by the CPA from the client aft
During the current year, Top sold merchandise to Bottom for $100,000. The subsidiary still possesses 40 percent of this inventory at the end of the current year. Top had est
Your team attends a trade conference on the subject of globalization. They have attended several seminars both advocating and dismissing implementing a global strategy. You
As of December 31, 2010, Nilsen Industries had $2,000 of raw materials inventory. At the beginning of 2010, there was $1,600 of materials on hand.