What components does a BDC Component consist of?

A BDC Component primarily consists of a visualization object and underlying models. The visualization object is crucial as it is the graphical representation used to display the data effectively, while the underlying models provide the logical structures and data organization necessary for the visualization to function. This combination allows users to interpret and interact with data in an understandable format, enhancing the overall user experience.

Other responses may suggest a focus on data models, diagrams, or report templates separately. However, they do not encompass the integral relationship between visualization and its underlying model, which is essential for creating a comprehensive BDC Component. This cohesion is vital for effective data representation and analysis, making the correct answer the most appropriate choice.