Question 1

Which of the following tables would most likely have a composite key?

Accepted Answer

A)  Take Order. 
B)  Cash 
C)  Ship Product 
D)  Inventory Ship Link 
A)  Take Order. 
B)  Cash 
C)  Ship Product 
D)  Inventory Ship Link

Question 2

What is the REA model? What does it mean for accountants?

Accepted Answer

The REA model is an alternative accounti

Question 3

What do the letters 'R,' 'E,' and 'A' stand for in the term "REA model"?

Accepted Answer

resources,

Question 4

Support events include control, planning, and management activities that directly affect a change in resources.

Accepted Answer

A) True 
 B)False

Question 5

Define view integration?

Accepted Answer

It is the process of combining

Question 6

The 'R' in REA stands for

Accepted Answer

A)  ratios 
B)  relationships 
C)  resources 
D)  reserves 
A)  ratios 
B)  relationships 
C)  resources 
D)  reserves

Question 7

Four basic forms of cardinality are possible: zero or one (0,1), one and only one (1,1), one or many (1,M), and many and only many (M,M).

Accepted Answer

A) True 
 B)False

Question 8

REA resources are those things of economic value under the control of the enterprise including physical assets and employees.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following associations would most likely describe the relationship between an internal agent and an economic event?

Accepted Answer

A)  1:M 
B)  1:1 
C)  0:M 
D)  none of the above 
A)  1:M 
B)  1:1 
C)  0:M 
D)  none of the above

Question 10

What are the four basic forms of cardinality?

Accepted Answer

The four basic forms of cardin

Question 11

Most companies implementing an REA model also maintain a traditional general ledger system for financial reporting.

Accepted Answer

A) True 
 B)False

Question 12

Explain how events, resources and agents are linked in a REA diagram.

Accepted Answer

Each event must be linked to at least on

Question 13

In an REA model, events are described from the perspective of

Accepted Answer

A)  the organization 
B)  the designer 
C)  the user 
D)  the customer 
A)  the organization 
B)  the designer 
C)  the user 
D)  the customer

Question 14

A semantic data model captures the operational meaning of the user's data and provides a concise description of it.

Accepted Answer

A) True 
 B)False

Question 15

Where a 1:M association exists between tables, the primary key of the 1 side is embedded in the table of the M side.

Accepted Answer

A) True 
 B)False

Question 16

Explain the rule for assigning foreign keys in a (1:M) association?

Accepted Answer

The primary key of t

Question 17

A difference between ER and REA diagrams is that ER diagrams present a static picture of the underlying business phenomena.

Accepted Answer

A) True 
 B)False

Question 18

Since REA databases do not employ journals and ledgers, how can they support financial statement reporting?

Accepted Answer

Journals, ledgers, and double-entry book

Question 19

When developing an REA model:

Accepted Answer

A)  Accounting artifacts are represented as support events 
B)  The same resource is both increased and decreased by the duality association 
C)  Link tables are explicitly depicted 
D)  events are organized in sequence of occurrence 
A)  Accounting artifacts are represented as support events 
B)  The same resource is both increased and decreased by the duality association 
C)  Link tables are explicitly depicted 
D)  events are organized in sequence of occurrence

Question 20

Discuss why adherence by the accounting profession to a single, GAAP-based view is inappropriate.

Accepted Answer

Modern managers need both financial and

Which of the following tables would most likely have a composite key?

What is the REA model? What does it mean for accountants?

What do the letters 'R,' 'E,' and 'A' stand for in the term "REA model"?

Support events include control, planning, and management activities that directly affect a change in resources.

Define view integration?

The 'R' in REA stands for

Four basic forms of cardinality are possible: zero or one (0,1), one and only one (1,1), one or many (1,M), and many and only many (M,M).

REA resources are those things of economic value under the control of the enterprise including physical assets and employees.

Which of the following associations would most likely describe the relationship between an internal agent and an economic event?

What are the four basic forms of cardinality?

Most companies implementing an REA model also maintain a traditional general ledger system for financial reporting.

Explain how events, resources and agents are linked in a REA diagram.

In an REA model, events are described from the perspective of

A semantic data model captures the operational meaning of the user's data and provides a concise description of it.

Where a 1:M association exists between tables, the primary key of the 1 side is embedded in the table of the M side.

Explain the rule for assigning foreign keys in a (1:M) association?

A difference between ER and REA diagrams is that ER diagrams present a static picture of the underlying business phenomena.

Since REA databases do not employ journals and ledgers, how can they support financial statement reporting?

When developing an REA model:

Discuss why adherence by the accounting profession to a single, GAAP-based view is inappropriate.

The Information System: an Accountants Perspective

Introduction to Transaction Processing

Ethics, Fraud, and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

Financial Reporting, and Management Reporting Systems

Database Management Systems

Enterprise Resource Planning Systems

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Construct, Deliver, and Maintain Systems Projects

IT Controls Part I: Sarbanes-Oxley and It Governance

IT Controls Part II: Security and Access

IT Controls Part III: Systems Development, Program Changes, and Application Controls

Filters

Exam 10: The Rea Approach to Business Process Modeling

Which of the following tables would most likely have a composite key?

What is the REA model? What does it mean for accountants?

What do the letters 'R,' 'E,' and 'A' stand for in the term "REA model"?

Support events include control, planning, and management activities that directly affect a change in resources.

Define view integration?

The 'R' in REA stands for

Four basic forms of cardinality are possible: zero or one (0,1), one and only one (1,1), one or many (1,M), and many and only many (M,M).

REA resources are those things of economic value under the control of the enterprise including physical assets and employees.

Which of the following associations would most likely describe the relationship between an internal agent and an economic event?

What are the four basic forms of cardinality?

Most companies implementing an REA model also maintain a traditional general ledger system for financial reporting.

Explain how events, resources and agents are linked in a REA diagram.

In an REA model, events are described from the perspective of

A semantic data model captures the operational meaning of the user's data and provides a concise description of it.

Where a 1:M association exists between tables, the primary key of the 1 side is embedded in the table of the M side.

Explain the rule for assigning foreign keys in a (1:M) association?

A difference between ER and REA diagrams is that ER diagrams present a static picture of the underlying business phenomena.

Since REA databases do not employ journals and ledgers, how can they support financial statement reporting?

When developing an REA model:

Discuss why adherence by the accounting profession to a single, GAAP-based view is inappropriate.

The Information System: an Accountants Perspective

Introduction to Transaction Processing

Ethics, Fraud, and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

Financial Reporting, and Management Reporting Systems

Database Management Systems

Enterprise Resource Planning Systems

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Construct, Deliver, and Maintain Systems Projects

IT Controls Part I: Sarbanes-Oxley and It Governance

IT Controls Part II: Security and Access

IT Controls Part III: Systems Development, Program Changes, and Application Controls

Filters