Questions from Accounting Information Systems


Q: How would the process of generating a cash disbursements journal from

How would the process of generating a cash disbursements journal from the REA data model presented differ from the process for creating a sales journal?

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Q: Why take the time to develop separate REA diagrams for each

Why take the time to develop separate REA diagrams for each business cycle if the ultimate objective is to combine them into one integrated enterprise-wide data model? Why not just focus on the integ...

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Q: Building separate tables for every relationship (1:1, 1

Building separate tables for every relationship (1:1, 1:N, and M:N) does not violate any of the rules for building a well-structured database. Why then do you think that REA data modelers recommend bu...

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Q: Assume that there exists a 1:1 relationship between the Receive

Assume that there exists a 1:1 relationship between the Receive Inventory and Disburse Cash events. How does the manner in which the relationship between the two events is implemented (i.e., in which...

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Q: How would you determine the amount of cash that Fred’s Train Shop

How would you determine the amount of cash that Fred’s Train Shop has at any point in time?

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Q: Why does Figure 18-4 show only one cash disbursement entity

Why does Figure 18-4 show only one cash disbursement entity if Fred’s Train Shop uses a general operating checking account for purchases of inventory, supplies, and operating expenses such as rent but...

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Q: Why do the Inventory, Customers, and Suppliers tables all have

Why do the Inventory, Customers, and Suppliers tables all have an attribute that contains data about the balance at the beginning of the current fiscal period?

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Q: Often it takes several sales calls to obtain the first order

Often it takes several sales calls to obtain the first order from a new customer. Why then does Figure 19-1 depict the relationship between the Call on Customer and Take Customer Order events as bein...

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Q: Apply the following data to evaluate the time-based model of

Apply the following data to evaluate the time-based model of security for the XYZ Company. Does the XYZ Company satisfy the requirements of the time-based model of security? Why?  Estimated time for...

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Q: How could an automobile dealer model the use of loaner cars

How could an automobile dealer model the use of loaner cars, which it gives to customers for free whenever they drop off a vehicle for maintenance that will take longer than one day to complete?

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