This topic contains a solution. Click here to go to the answer

Author Question: Using an REA database design, which of the below is false with regards to cost data? (Read 56 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557

Question 1

In an expenditure cycle diagram, which of the following is an example of an event that larger organizations might want to include in their extended REA model?
◦ Request.
◦ Order.
◦ Ship Order.
◦ Fill Order.

Question 2

Using an REA database design, which of the below is false with regards to cost data?
◦ Cost information is stored in several tables.
◦ Standard cost is stored as an attribute of the Inventory table because it is the same for all units of a given inventory item for a fiscal year.
◦ In contrast, the actual cost of inventory is stored in a relationship table because prices can vary over time.
◦ Actual cost can be stored as an attribute of the Inventory table for organizations that value inventory based on the most recent amount paid.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RRMR on Apr 8, 2019

dantucker

  • Sr. Member
  • ****
  • Posts: 346
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly



RRMR

  • Hero Member
  • *****
  • Posts: 557

dantucker

  • Sr. Member
  • ****
  • Posts: 346

 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library