Question 1

Define association.

Accepted Answer

Association is the nature of t

Question 2

Describe the rule for assigning foreign keys in a (1:1) association

Accepted Answer

Typically one of the tables in a 1:1 ass

Question 3

The REA approach generates an information system based on a single holistic user view.

Accepted Answer

A) True 
 B)False

Question 4

Why would a company adopt the REA approach to database design?

Accepted Answer

The REA approach leads to the developmen

Question 5

ER diagrams always label entity names in the singular noun form.

Accepted Answer

A) True 
 B)False

Question 6

Which statement is NOT true? REA resources are:

Accepted Answer

A)  assets 
B)  affected by support events 
C)  scarce 
D)  under the control of agents 
A)  assets 
B)  affected by support events 
C)  scarce 
D)  under the control of agents

Question 7

Which of the following are characteristics of internal agents?

Accepted Answer

A)  They participate in economic events, but do not assume control of the resources 
B)  They are employees of the company whose system is being modeled 
C)  They participate in economic events, but not in support events 
D)  All of the above 
A)  They participate in economic events, but do not assume control of the resources 
B)  They are employees of the company whose system is being modeled 
C)  They participate in economic events, but not in support events 
D)  All of the above

Question 8

Define resources, economic events, and agents.

Accepted Answer

Resources are those things of economic v

Question 9

Define duality.

Accepted Answer

Each economic event in an exch

Question 10

When modeling M:M associations, it is conventional to include link tables in the REA diagram so that the model reflects closely the actual database.

Accepted Answer

A) True 
 B)False

Question 11

The 'A' in REA stands for

Accepted Answer

A)  assets 
B)  apportionment 
C)  allocation 
D)  agents 
A)  assets 
B)  apportionment 
C)  allocation 
D)  agents

Question 12

When one side of a 1:1 association has a minimum cardinality of zero, the primary key of the table with the 0,1 cardinality should be embedded as a foreign key in the table with the 1,1 cardinality

Accepted Answer

A) True 
 B)False

Question 13

Modern managers need both financial and nonfinancial information that traditional GAAP-based accounting systems are incapable of providing.

Accepted Answer

A) True 
 B)False

Question 14

The letters 'R,' 'E,' and 'A' in the term "REA model" stand for resources, events, and actions.

Accepted Answer

A) True 
 B)False

Question 15

How does the REA model categorize events?

Accepted Answer

Economic e

Question 16

When assigning foreign keys in a 1:1 association:

Accepted Answer

A)  The primary key of each table should be embedded as a foreign key in the related table 
B)  The primary key on the (0,1) side of the relation should be embedded as the foreign key on the (1,1) side. 
C)  The primary key on the (1,1) side of the relation should be embedded as the foreign key on the (0,1) side. 
D)  None of the above is true 
A)  The primary key of each table should be embedded as a foreign key in the related table 
B)  The primary key on the (0,1) side of the relation should be embedded as the foreign key on the (1,1) side. 
C)  The primary key on the (1,1) side of the relation should be embedded as the foreign key on the (0,1) side. 
D)  None of the above is true

Define association.

Describe the rule for assigning foreign keys in a (1:1) association

The REA approach generates an information system based on a single holistic user view.

Why would a company adopt the REA approach to database design?

ER diagrams always label entity names in the singular noun form.

Which statement is NOT true? REA resources are:

Which of the following are characteristics of internal agents?

Define resources, economic events, and agents.

Define duality.

When modeling M:M associations, it is conventional to include link tables in the REA diagram so that the model reflects closely the actual database.

The 'A' in REA stands for

When one side of a 1:1 association has a minimum cardinality of zero, the primary key of the table with the 0,1 cardinality should be embedded as a foreign key in the table with the 1,1 cardinality

Modern managers need both financial and nonfinancial information that traditional GAAP-based accounting systems are incapable of providing.

The letters 'R,' 'E,' and 'A' in the term "REA model" stand for resources, events, and actions.

How does the REA model categorize events?

When assigning foreign keys in a 1:1 association:

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

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Exam 10: The Rea Approach to Business Process Modeling

Define association.

Describe the rule for assigning foreign keys in a (1:1) association

The REA approach generates an information system based on a single holistic user view.

Why would a company adopt the REA approach to database design?

ER diagrams always label entity names in the singular noun form.

Which statement is NOT true? REA resources are:

Which of the following are characteristics of internal agents?

Define resources, economic events, and agents.

Define duality.

When modeling M:M associations, it is conventional to include link tables in the REA diagram so that the model reflects closely the actual database.

The 'A' in REA stands for

When one side of a 1:1 association has a minimum cardinality of zero, the primary key of the table with the 0,1 cardinality should be embedded as a foreign key in the table with the 1,1 cardinality

Modern managers need both financial and nonfinancial information that traditional GAAP-based accounting systems are incapable of providing.

The letters 'R,' 'E,' and 'A' in the term "REA model" stand for resources, events, and actions.

How does the REA model categorize events?

When assigning foreign keys in a 1:1 association:

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