Explore BrainMass
Share

Explore BrainMass

    REA model and XBRL

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    1. What are the basic principles and design considerations for a REA model? How does the REA model facilitate the design of a relational database?
    2. What is XBRL? What is the relationship between XBRL and accounting information systems?
    3. Why should organizations adopt XBRL?

    © BrainMass Inc. brainmass.com October 10, 2019, 7:53 am ad1c9bdddf
    https://brainmass.com/business/management-information-systems/rea-model-xbrl-599213

    Solution Preview

    Management Information Systems

    REA Model

    REA or Resources Events Agents is a business modeling technique which connects together resources, events and agents using relationships such as proposition, reservation, duality, fulfillment, participation, etc. The basic design considerations for an REA model includes enhancing understanding of database that supports business processes real-time. The REA model should capture only essential aspects of economic phenomenon so that the model is concise and easy to understand, there are many applications of the model and the derived artifacts are always consistent (Rosli, et al., 2009).

    The purpose of relational database is to provide ...

    Solution Summary

    Design considerations of REA and advantages of using XBRL

    $2.19