Question 1

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 2

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

Accepted Answer

resources,

Question 3

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

Accepted Answer

Journals,ledgers,and double-entry bookke

Question 4

The events depicted on an REA diagram are transformed into computer processes while the resources and agents become relational database tables.

Accepted Answer

A) True 
 B)False

Question 5

The duality association in an REA diagrams signifies that each economic transaction involves two agents.

Accepted Answer

A) True 
 B)False

Question 6

When assigning foreign keys in a 1:M 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,M) 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,M) 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,M) 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,M) side 
D) none of the above is true

Question 7

What is a user view?

Accepted Answer

A user view is the set of data that a pa

Question 8

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 9

At least two REA agents participate in each economic event.

Accepted Answer

A) True 
 B)False

Question 10

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 11

REA modeling embraces two classes of events: economic events and support events.

Accepted Answer

A) True 
 B)False

Question 12

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 13

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 14

How do the entity relationship (ER)and the REA diagrams differ?

Accepted Answer

ER and REA diagrams differ visually in a

Question 15

An example of an economic event is checking customer credit prior to processing a sale.

Accepted Answer

A) True 
 B)False

Question 16

How does the REA approach improve efficiency?

Accepted Answer

The REA approach can help improve operat

Question 17

Define cardinality.

Accepted Answer

Cardinality describes the numb

Question 18

The 'E' in REA stands for

Accepted Answer

A) events 
B) estimates 
C) economics 
D) entities 
A) events 
B) estimates 
C) economics 
D) entities

Question 19

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 20

What are support events?

Accepted Answer

Support events include control

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

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

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

The events depicted on an REA diagram are transformed into computer processes while the resources and agents become relational database tables.

The duality association in an REA diagrams signifies that each economic transaction involves two agents.

When assigning foreign keys in a 1:M association,

What is a user view?

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

At least two REA agents participate in each economic event.

The 'A' in REA stands for

REA modeling embraces two classes of events: economic events and support events.

Which statement is not true? REA resources are:

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.

How do the entity relationship (ER)and the REA diagrams differ?

An example of an economic event is checking customer credit prior to processing a sale.

How does the REA approach improve efficiency?

Define cardinality.

The 'E' 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.

What are support events?

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

Auditing It Controls Part I: Sarbanes-Oxley and It Governance

Auditing It Controls Part II: Security and Access

Auditing It Controls Part III: Systems Development, program Changes, and Application Auditing

Filters

Exam 10: The Rea Approach to Business Process Modeling

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

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

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

The events depicted on an REA diagram are transformed into computer processes while the resources and agents become relational database tables.

The duality association in an REA diagrams signifies that each economic transaction involves two agents.

When assigning foreign keys in a 1:M association,

What is a user view?

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

At least two REA agents participate in each economic event.

The 'A' in REA stands for

REA modeling embraces two classes of events: economic events and support events.

Which statement is not true? REA resources are:

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.

How do the entity relationship (ER)and the REA diagrams differ?

An example of an economic event is checking customer credit prior to processing a sale.

How does the REA approach improve efficiency?

Define cardinality.

The 'E' 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.

What are support events?

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

Auditing It Controls Part I: Sarbanes-Oxley and It Governance

Auditing It Controls Part II: Security and Access

Auditing It Controls Part III: Systems Development, program Changes, and Application Auditing

Filters