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Every company can have more than one banking relationships,and each bank can have a business relationship with more than one company.Thus,the cardinality that exists between company and bank is


A) one-to-one.
B) one-to-many.
C) many-to-many.
D) many-to-none.

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Describe the steps in developing an REA diagram.

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Developing an REA diagram involves three...

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Which of the following transactions is represented by the diagram below? Which of the following transactions is represented by the diagram below?   A) A lumber yard where customers may pay with cash for all purchases. B) A buy-here-pay-here auto dealer where a car buyer sends monthly cash payments to the dealer. C) A consulting firm that offers a variety of consulting services to other businesses. D) A department store that allows customers to carry a balance and to make installment payments, if they choose.


A) A lumber yard where customers may pay with cash for all purchases.
B) A buy-here-pay-here auto dealer where a car buyer sends monthly cash payments to the dealer.
C) A consulting firm that offers a variety of consulting services to other businesses.
D) A department store that allows customers to carry a balance and to make installment payments, if they choose.

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Which of the following graphical symbols represents a minimum cardinality of zero and a maximum cardinality of one?


A)
Which of the following graphical symbols represents a minimum cardinality of zero and a maximum cardinality of one? A)    B)    C)    D)
B)
Which of the following graphical symbols represents a minimum cardinality of zero and a maximum cardinality of one? A)    B)    C)    D)
C)
Which of the following graphical symbols represents a minimum cardinality of zero and a maximum cardinality of one? A)    B)    C)    D)
D)
Which of the following graphical symbols represents a minimum cardinality of zero and a maximum cardinality of one? A)    B)    C)    D)

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Every person in the world can have more than one friend,and each person in the world can be a friend to more than one person.Thus,the cardinality that exists between friends and people is


A) one-to-one.
B) one-to-many.
C) many-to-many.
D) many-to-none.

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What is Cardinalities?

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Cardinalities describe the nat...

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The "give" event represents an activity which


A) includes a promise to engage in future economic exchanges.
B) increases the organization's stock of an economic resource.
C) reduces the organization's stock of a resource that has economic value.
D) reduces the organization's liabilities.

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Which of the following transactions is represented by the diagram below? Which of the following transactions is represented by the diagram below?   A) A lumber yard where customers may pay with cash for all purchases. B) A buy-here-pay-here auto dealer where a car buyer sends monthly cash payments to the dealer. C) A consulting firm that offers a variety of consulting services to other businesses. D) A department store that allows customers to carry a balance and to make installment payments, if they choose.


A) A lumber yard where customers may pay with cash for all purchases.
B) A buy-here-pay-here auto dealer where a car buyer sends monthly cash payments to the dealer.
C) A consulting firm that offers a variety of consulting services to other businesses.
D) A department store that allows customers to carry a balance and to make installment payments, if they choose.

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The choice of cardinalities is often arbitrary to reflect facts about the organization being modeled and its business practices.

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Which of the following statements is false regarding REA diagrams?


A) Each organization will have its own unique REA diagram.
B) An REA diagram for a given organization will change over time.
C) Data modeling and REA diagram development involve complex and repetitive processes.
D) Redrawing an REA diagram several times during development is uncommon.

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The REA data model approach facilitates efficient operations by all the following except


A) standardizing source document format.
B) identifying non-value added activities.
C) storing financial and nonfinancial data in the same database.
D) organizing data to simplify data retrieval and analysis.

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A graphical depiction of a database's contents showing the various entities being modeled and the important relationships among them is called a(n)


A) REA diagram.
B) data diagram.
C) ERP diagram.
D) ER diagram.

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In which stage(s) of the database design process is the completed data model used?


A) only in the systems analysis stage
B) only in the conceptual design stage
C) in both the systems analysis and design stages
D) neither the systems analysis nor the design stages

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Which of the following transactions is represented by the diagram below? Which of the following transactions is represented by the diagram below?   A) Each sale is associated with a single order, and there is a time lag between the time an order is taken and delivery of the product. B) Each sale can be comprised of multiple orders, and each order can be associated with multiple sales or no sales. C) Each sale can be comprised of multiple orders, and each order can be associated with one or more sales. D) Each sale is associated with a single order, and there is no time lag between the time an order is taken and delivery of the product.


A) Each sale is associated with a single order, and there is a time lag between the time an order is taken and delivery of the product.
B) Each sale can be comprised of multiple orders, and each order can be associated with multiple sales or no sales.
C) Each sale can be comprised of multiple orders, and each order can be associated with one or more sales.
D) Each sale is associated with a single order, and there is no time lag between the time an order is taken and delivery of the product.

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Relationships that affect the quantity of a resource are sometimes referred to as ________ relationships.


A) commitment
B) exchange
C) stockflow
D) duality

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With regards to the database design process,accountants may provide the greatest value to their organization by participating in


A) implementation and conversion.
B) data modeling.
C) database operation and maintenance.
D) system auditing.

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The "get" event represents an activity which


A) includes a promise to engage in future economic exchanges.
B) increases the organization's stock of an economic resource.
C) reduces the organization's stock of a resource that has economic value.
D) increases the organization's liabilities.

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The REA data model


A) is used in many areas of business and science.
B) was developed specifically for use in designing accounting information systems.
C) classifies data into relationships, entities and accounts.
D) is a graphical technique for portraying a database schema.

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Identify the notation below that is not used to represent cardinality information.


A) UML.
B) (Min, Max) .
C) DFD.
D) Maximums only.

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Each event in an REA model will in most cases have at least one ________ agent and one ________ agent involved with the event.


A) internal; resource
B) external; entity
C) internal; employee
D) internal; external

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