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Author Question: Which entity is most likely to be part of both the revenue cycle and the expenditure cycle? (Read 181 times)

faduma

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Question 1

When integrating separate REA diagrams,
◦ common resources are placed between the events that affect them.
◦ each resource is connected to two agents.
◦ resources are duplicated to show the give and get of economic duality relationships.
◦ resources are merged if both events in the stockflow relationship are modeled.

Question 2

Which entity is most likely to be part of both the revenue cycle and the expenditure cycle?
◦ Receive Goods.
◦ Customer.
◦ Receive Cash.
◦ Inventory.


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Marked as best answer by faduma on Apr 8, 2019

ApricotDream

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ApricotDream

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