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Accounting Information Systems

10th Edition
Hall + 1 other
Publisher: Cengage Learning,
ISBN: 9781337619202

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BuyFindarrow_forward

Accounting Information Systems

10th Edition
Hall + 1 other
Publisher: Cengage Learning,
ISBN: 9781337619202
Chapter 10, Problem 8DQ
Textbook Problem
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Describe the minimum number and types of events that an REA diagram must include.

To determine

Explain the minimum number and types of events that an REA diagram must include.

Explanation of Solution

REA Model:

REA model is a graphical representation which shows the reengineered accounting system for computer age. REA model does not indulge many accounting objects like debit and credit. Different REA is used for each business process.

REA diagram consist two events which are as follows:

  • Economic events: Economic events are those events which are responsible for change in the ownership of resource...

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Chapter 10 Solutions

Accounting Information Systems
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Ch. 10 - Why are journals and ledgers not modeled in an REA...Ch. 10 - Define association.Ch. 10 - Define cardinality.Ch. 10 - Name the four basic forms of cardinality.Ch. 10 - What is view integration?Ch. 10 - List the steps involved in view integration.Ch. 10 - What is the rule for assigning foreign keys in a...Ch. 10 - What is the rule for assigning foreign keys in a...Ch. 10 - What is the rule for assigning foreign keys in an...Ch. 10 - Define value chain.Ch. 10 - From the perspective of an organization, explain...Ch. 10 - Explain the relationship between cardinality and...Ch. 10 - Discuss the rules for assigning primary keys to...Ch. 10 - Discuss the rules for linking events to resources...Ch. 10 - How are external and internal agents modeled in...Ch. 10 - Explain how REA databases are able to support...Ch. 10 - Distinguish between economic events and support...Ch. 10 - Describe the minimum number and types of events...Ch. 10 - Why are traditional accounting events, such as...Ch. 10 - ER diagrams usually include the link tables in the...Ch. 10 - Employee time is a resource that is always used...Ch. 10 - When are data in 3NF?Ch. 10 - Each economic event in an REA diagram is always a....Ch. 10 - Which of the following is not a characteristic of...Ch. 10 - Which of the following events would be LEAST...Ch. 10 - Which of the following associations would most...Ch. 10 - Which of the following tables would most likely...Ch. 10 - Which of the following associations requires a...Ch. 10 - When assigning foreign keys in a 1:1 association...Ch. 10 - When assigning foreign keys in a I:M association,...Ch. 10 - The concept of duality means that an REA diagram...Ch. 10 - Which of the following is true? a. REA diagram...Ch. 10 - Describe the three differences between REA...Ch. 10 - Bentley Restorations Company restores and sells...Ch. 10 - Based on the data in Problem 2, which of the...Ch. 10 - Based on the data in Problem 2, which of the...Ch. 10 - Prepare an REA model depicting the issuance of raw...Ch. 10 - Cryogenics Inc., is a leading developer, designer,...Ch. 10 - Based on the general information about Cryogenics...Ch. 10 - Adirondacks Classic Furniture (ACF) manufactures a...Ch. 10 - Just Say No to Rugs is a manufacturer of...Ch. 10 - Lets Go Camping (LGC) is an outdoor equipment...

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