Question Details

ACCT 425 Week 12 Assignment 12-1 
To assess your ability to:
•	Discuss the economic foundations of the resources, events and agents (REA) model.
•	Analyze the key differences between traditional entity relationship modeling and REA modeling.
•	Discuss the structure of an REA diagram.
Action Items
1.	Answer the following questions from your textbook, Accounting Information Systems, in your own words (if you include quotes, follow-up with your own words) and provide a unique example to support your response:
•	Chapter 10 Discussion Questions: 1, 4, 6
	Note: When responding to the Discussion Questions:
1.	Include a 2-3 sentence answer for each question.
2.	Hit enter twice and type "EXAMPLE:"
3.	Provide an example from your place of business, home life, the news, or an example you found on the internet.