The Purpose of the REA Enterprise Ontology Is to

Multiple Choice

The purpose of the REA enterprise ontology is to

A) Define constructs common to all enterprises and demonstrate how those constructs may be represented in an integrated enterprise information system.
B) Dictate the workflow by which an enterprise must process business transactions.
C) Model artificial constructs such as debits and credits in a computer readable format.
D) Demonstrate the ability of traditional general ledger accounting systems to meet all business decision-making needs.
E) Provide keystroke and transaction training to enterprise employees.