1. Are you able to model a business process using semantic modeling (the REA model)? This includes (1) identifying important business events (and distinguishing these from information events), (2) identifying resources and agents associated with each event, (3) identifying direct relationships between objects, and (4) determining cardinalities or organizational rules. - Chapter 19
2. Do you understand and are able to create a logical model (the database tables) based on the REA model? - Chapter20