This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Using an REA database design, which of the below is false with regards to cost data? (Read 67 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
on: Apr 8, 2019

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.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
Buy Test-Bank


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
Reply #1 on: Apr 8, 2019
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
Reply #2 on: Apr 8, 2019
Thank you!


dantucker

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Apr 8, 2019
Always glad to help...


« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Lake position in the landscape and proportion of water received as groundwater (data from Webster et Lake position in the landscape and proportion of water received as groundwater (data from Webster et
The data link connector (DLC) can be located in various locations. The data link connector (DLC) can be located in various locations.
How to calculate the mean for grouped data How to calculate the mean for grouped data
Demographic Data for India Demographic Data for India
Find a quadractic equation that models the data in standard form Find a quadractic equation that models the data in standard form
data data
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library