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• 10:37, 10 September 2024 Kevindoylejones talk contribs created page REA, Resource, events and agents (Created page with "REA is an acronym for resources, events, and agents. The REA model views accounting data collection as a system to collect data about the resources, events, and agents within business processes. Business processes involve events in which resources are exchanged by agents. An example of such an event is a sale. The resources exchanged are inventory and cash. The agents are the company (seller) and the customer (buyer). An REA model suggests that the basic data collected s...")