Question: Please answer the following questions: a) Please explain the rules of the Standard REA template and what are the three basic types of entities of

Please answer the following questions:

a) Please explain the rules of the Standard REA template and what are the three basic types of entities of the REA diagram?

b) Please explain how to use the REA data model to design an AIS database?

c) What are the steps for developing the REA diagrams?

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