Question 1

In the REA data modeling technique,the identifiable objects that have economic value to the organization are called

Accepted Answer

A) resources. 
B) assets. 
C) entities. 
D) objects. 
A) resources. 
B) assets. 
C) entities. 
D) objects. A

Question 2

The REA model classifies entities into three basic categories.Which of the following is one of these three?

Accepted Answer

A) resources 
B) relationships 
C) accounting 
D) entities 
A) resources 
B) relationships 
C) accounting 
D) entities A

Question 3

The "give" event represents an activity which

Accepted Answer

A) includes a promise to engage in future economic exchanges. 
B) increases the organization's stock of an economic resource. 
C) reduces the organization's stock of a resource that has economic value 
D) none of the above. 
A) includes a promise to engage in future economic exchanges. 
B) increases the organization's stock of an economic resource. 
C) reduces the organization's stock of a resource that has economic value 
D) none of the above. C

Question 4

Cardinalities reflect __________ about the organization being modeled and its business practices.

Accepted Answer

A) assumptions 
B) opinions 
C) facts 
D) theories 
A) assumptions 
B) opinions 
C) facts 
D) theories

Question 5

Which type of transaction is represented by the diagram below?

Accepted Answer

A) Vendors send a bill for each inventory item purchased which is payable on receipt. 
B) A single purchase of inventory is paid for with multiple payments. 
C) Inventory vendors send a monthly bill for merchandise delivered.The seller does not accept or allow installment payments. 
D) Some inventory purchases are paid for with multiple payments and some payments may apply to multiple purchases. 
A) Vendors send a bill for each inventory item purchased which is payable on receipt. 
B) A single purchase of inventory is paid for with multiple payments. 
C) Inventory vendors send a monthly bill for merchandise delivered.The seller does not accept or allow installment payments. 
D) Some inventory purchases are paid for with multiple payments and some payments may apply to multiple purchases.

Question 6

An example of an agent is

Accepted Answer

A) customer 
B) sales 
C) cash 
D) inventory 
A) customer 
B) sales 
C) cash 
D) inventory

Question 7

The __________ in the REA model include all of the organization's business activities.

Accepted Answer

A) resources 
B) events 
C) agents 
D) entities 
A) resources 
B) events 
C) agents 
D) entities

Question 8

Identify the three basic rules that apply to the REA model pattern.

Accepted Answer

Each event is linked to at lea

Question 9

Which type of transaction is represented by the diagram below?

Accepted Answer

A) An automobile salvage business holds weekly auctions at which it sells its entire inventory. 
B) A grocery store sells products to consumers. 
C) A hobbyist restores antique cars.When a car is finished,she sells it on Ebay. 
D) A firm sells movies to consumers through an online downloading service. 
A) An automobile salvage business holds weekly auctions at which it sells its entire inventory. 
B) A grocery store sells products to consumers. 
C) A hobbyist restores antique cars.When a car is finished,she sells it on Ebay. 
D) A firm sells movies to consumers through an online downloading service.

Question 10

The maximum cardinality of a relationship in a REA diagram can be either

Accepted Answer

A) zero or one. 
B) one or many. 
C) zero or many. 
D) none of the above 
A) zero or one. 
B) one or many. 
C) zero or many. 
D) none of the above

Question 11

Developing an REA diagram for a specific transaction cycle consists of steps.The second step involves

Accepted Answer

A) Identifying agents 
B) Identifying resources 
C) Identifying cardinality 
D) Both a and b 
A) Identifying agents 
B) Identifying resources 
C) Identifying cardinality 
D) Both a and b

Question 12

Which type of transaction is represented by the diagram below?

Accepted Answer

A) Vendors send a bill for each inventory item purchased which is payable on receipt. 
B) A single purchase of inventory is paid for with multiple payments. 
C) Inventory vendors send a monthly bill for merchandise delivered.The seller does not accept or allow installment payments. 
D) Some inventory purchases are paid for with multiple payments and some payments may apply to multiple purchases. 
A) Vendors send a bill for each inventory item purchased which is payable on receipt. 
B) A single purchase of inventory is paid for with multiple payments. 
C) Inventory vendors send a monthly bill for merchandise delivered.The seller does not accept or allow installment payments. 
D) Some inventory purchases are paid for with multiple payments and some payments may apply to multiple purchases.

Question 13

Developing an REA diagram for a specific transaction cycle consists of how many steps?

Accepted Answer

A) one 
B) two 
C) three 
D) four 
A) one 
B) two 
C) three 
D) four

Question 14

Define minimum and maximum cardinalities.

Accepted Answer

A minimum cardinality indicates the numb

Question 15

Events must be linked to at least one

Accepted Answer

A) Account 
B) Agent 
C) Entity 
D) Resource 
A) Account 
B) Agent 
C) Entity 
D) Resource

Question 16

An E-R diagram

Accepted Answer

A) Can represent the contents of any database. 
B) Are only used in conjunction with REA models. 
C) Can show a limited number of entities and relationships 
D) Are used only to design new databases. 
A) Can represent the contents of any database. 
B) Are only used in conjunction with REA models. 
C) Can show a limited number of entities and relationships 
D) Are used only to design new databases.

Question 17

Which type of transaction is represented by the diagram below?

Accepted Answer

A) Cash and carry consumer retail sales 
B) Consumer retail sales paid in installments to the seller 
C) Business to business sales of nondurable goods 
D) Business that allows customers to carry a balance and make installment payments 
A) Cash and carry consumer retail sales 
B) Consumer retail sales paid in installments to the seller 
C) Business to business sales of nondurable goods 
D) Business that allows customers to carry a balance and make installment payments

Question 18

Which type of transaction is represented by the diagram below?

Accepted Answer

A) Each sale is associated with a single order and there is a time lag between the time an order is taken and delivery of the product. 
B) Each sale can be comprised of multiple orders and each order can be associated with multiple sales or no sales. 
C) Each sale can be comprised of multiple orders and each order can be associated with one or more sales. 
D) Each sale is associated with a single order and there is no time lag between the time an order is taken and delivery of the product. 
A) Each sale is associated with a single order and there is a time lag between the time an order is taken and delivery of the product. 
B) Each sale can be comprised of multiple orders and each order can be associated with multiple sales or no sales. 
C) Each sale can be comprised of multiple orders and each order can be associated with one or more sales. 
D) Each sale is associated with a single order and there is no time lag between the time an order is taken and delivery of the product.

Question 19

Using the REA data model,promises to engage in future economic exchanges are called

Accepted Answer

A) commitments. 
B) economic exchanges. 
C) resources. 
D) agents. 
A) commitments. 
B) economic exchanges. 
C) resources. 
D) agents.

Question 20

An REA diagram must link every event to at least one __________ and two __________.

Accepted Answer

A) resource; agents 
B) agent; resources 
C) transaction; entities 
D) resource; relationships 
A) resource; agents 
B) agent; resources 
C) transaction; entities 
D) resource; relationships

In the REA data modeling technique,the identifiable objects that have economic value to the organization are called

The REA model classifies entities into three basic categories.Which of the following is one of these three?

The "give" event represents an activity which

Cardinalities reflect __________ about the organization being modeled and its business practices.

Which type of transaction is represented by the diagram below?

An example of an agent is

The __________ in the REA model include all of the organization's business activities.

Identify the three basic rules that apply to the REA model pattern.

Which type of transaction is represented by the diagram below?

The maximum cardinality of a relationship in a REA diagram can be either

Developing an REA diagram for a specific transaction cycle consists of steps.The second step involves

Which type of transaction is represented by the diagram below?

Developing an REA diagram for a specific transaction cycle consists of how many steps?

Define minimum and maximum cardinalities.

Events must be linked to at least one

An E-R diagram

Which type of transaction is represented by the diagram below?

Which type of transaction is represented by the diagram below?

Using the REA data model,promises to engage in future economic exchanges are called

An REA diagram must link every event to at least one and two .

Accounting Information Systems

Overview of Business Processes

Systems Development and Documentation Techniques

Relational Databases

Computer Fraud and Security

Control and Accounting Information Systems

Infromation System Controls for Systems Reliability

Auditing Computer-Based Information Systems

Auditing Computer-Based Informtion Systems

The Revenue Cycle: Sales an Cash Collections

The Expenditure Cycle: Purchasing and Cash Disbursements

The Production Cycle

The Human Resources Managementpayroll Cycle

General Ledger and Reporting System

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design, Implementation and Operation

Filters

Exam 15: Data Modeling and Database Design

In the REA data modeling technique,the identifiable objects that have economic value to the organization are called

The REA model classifies entities into three basic categories.Which of the following is one of these three?

The "give" event represents an activity which

Cardinalities reflect __________ about the organization being modeled and its business practices.

Which type of transaction is represented by the diagram below?

An example of an agent is

The __________ in the REA model include all of the organization's business activities.

Identify the three basic rules that apply to the REA model pattern.

Which type of transaction is represented by the diagram below?

The maximum cardinality of a relationship in a REA diagram can be either

Developing an REA diagram for a specific transaction cycle consists of steps.The second step involves

Which type of transaction is represented by the diagram below?

Developing an REA diagram for a specific transaction cycle consists of how many steps?

Define minimum and maximum cardinalities.

Events must be linked to at least one

An E-R diagram

Which type of transaction is represented by the diagram below?

Which type of transaction is represented by the diagram below?

Using the REA data model,promises to engage in future economic exchanges are called

An REA diagram must link every event to at least one __________ and two __________.

Accounting Information Systems

Overview of Business Processes

Systems Development and Documentation Techniques

Relational Databases

Computer Fraud and Security

Control and Accounting Information Systems

Infromation System Controls for Systems Reliability

Auditing Computer-Based Information Systems

Auditing Computer-Based Informtion Systems

The Revenue Cycle: Sales an Cash Collections

The Expenditure Cycle: Purchasing and Cash Disbursements

The Production Cycle

The Human Resources Managementpayroll Cycle

General Ledger and Reporting System

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design, Implementation and Operation

Filters

An REA diagram must link every event to at least one and two .