Explain how events, resources and agents are linked in a REA diagram


Each event must be linked to at least one resource and a least two agents: One of the agents is internal to the organization and the other is usually external. In some types of transactions, however, the second agent may also be internal.

Business

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In most states, the finder of lost property has title to the property against all others

Indicate whether the statement is true or false

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Mark, an aspiring actor, wishes to get a job at a theater company. He needs to write an application letter that includes a persuasive message requesting a meeting with the head director of the company. Which of the following frequently made errors must Mark avoid while writing the letter??

A) ?Not setting a date B) ?Not being demanding C) ?Sounding apologetic D) ?Not pressing hard for a response

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Contracts generally do not require bargaining that leads to an exchange between the parties

Indicate whether the statement is true or false

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A UML is a graph of instances that are compatible with a given class diagram

Indicate whether the statement is true or false

Business