Question 1
An REA diagram for the production cycle models the relationships between the Perform Job Operations event and the Job Operations List entity as 1:N because
◦ time standards change over time.
◦ one specific activity has only one standard time for completion.
◦ activities are only performed once on work in process jobs.
◦ many activities are usually required for specific work in process jobs.
Question 2
Data about actual raw materials used in production is
most appropriately stored which of the entities below?
◦ Finished Goods.
◦ Raw Materials.
◦ Raw Materials Issuance.
◦ Work-in-Process.