Question

Which of the following is not part of the REA framework? LO 5-5

a. Agents
b. Type images
c. Resources
d. Events
e. All of the above are part of the REA framework.

Answer 1

In the REA framework, 'Type images' is not a recognized component. The elements of the REA framework include Resources, Events, and Agents.

the correct answer is b. Type images.

Step-by-step explanation:

The REA (Resources, Events, Agents) framework is a conceptual tool often used in accounting information systems to model an organization's resources, events, and agents. Regarding the options provided:

• Agents are individuals or departments involved in events.
• Resources are economic elements that have value to the organization.
• Events are business activities that affect resources.

The option that is not part of the REA framework is:

• Type images. This is not a component of the framework.