Exam 17: Database Design Using the Rea Data Model
Explain specifically what is meant by the following statement: "Accountants can and should participate in all stages of the database design process."
Accountants are in a unique position within a business organization.They are intimately acquainted with the many business transactions that occur in an organization and they are knowledgeable about the policies and practices of the business itself as well as the environment within which it operates.The knowledge base and skill sets of the accountant should be put to good use in the development of database design to the fullest extent possible (although some accountants may not possess AIS coding and development skill sets).Consider that during the planning stage accountants provide some of the information used to evaluate the feasibility of the proposed project and they participate in making the decision itself.Accountants can identify user information needs and develop logical schema during the requirement analysis and design stages.Accountants can also help test the accuracy of the new database and application programs during the implementation stage of development.Accountants can also act as "subject matter experts" since they are knowledgeable users of the new system.They can also serve as managers of the system once it is up and running.
An entity-relationship diagram represents entities as ________ and the relationships between them as lines and ________.
C
It is industry standard to model relationships as ________ in entity-relationship diagrams.
E-R diagrams can be used to represent the contents of any kind of database.
Helge Autoparts sells new and refurbished auto parts exclusively to auto dealers.Helge purchases inventory from distributors at trade conventions.Each time Helge makes a purchase,the company records the suppliers name,address,date,specific items purchased,price paid for each,and the total amount spent.Helge later researches the inventory items to set the customer price.The company assigns an inventory number to each item purchased and records the customer price for each item.Helge buys price tags and display supplies from Alwin Incorporated,a company that sells them at all trade conventions.All inventory and supplies purchases are immediately paid for with cash or with checks from a bank account in Helge's name.All cash received from sales are also deposited to the same bank account.Several times a year Helge rents display space at dealer conventions.A deposit is always required,and the entire fee is due the day the convention starts.Helge records the deposit and final payment,along with the convention's name and address,in the same worksheet on which purchases of inventory and supplies are recorded. Consider Helge's processes regarding the purchasing inventory and supplies,renting display space,and paying for purchased items.A well-designed REA diagram would
Which of the following transactions is represented by the diagram below? 

A(n)________ diagram graphically depicts a database's contents by showing entities and relationships.
Which of the following transactions is represented by the diagram below? 

In creating an entity-relationship diagram,________ is anything about which an organization wants to collect and store information.
Every person in the world has a birthdate,but no person has more than one birthdate.Thus,the cardinality that exists between birthdate and people is
Which of the following statements is true about the development of an REA model?
How many types of relationships are possible between entities?
Identify the item below that would be classified as an event by the REA data model.
Which of the following transactions is represented by the diagram below? 

Which of the following transactions is represented by the diagram below? 

What is the minimum number of external agents that must participate in each REA event?
Which of the following transactions is represented by the diagram below? 

What is the standard cardinality pattern for a relationship between an event and an agent?
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