In database design, one approach is the REA model. Discuss this approach, and explain why traditional accounting events like recording a transaction in a journal or posting to the ledger are not included in the REA model.

Grading Rubric

Basic response to the DB question

50%

Additional research supporting the initial answer to the DB question

30%

Comments, which serve to further the discussion, apply real-world examples, or lend to enhancing the clarity of the concepts

20%