Group 10 (Questions)
Group 10 (Questions)
TRUE OR FALSE.
1. Duplication of data occurs when the same data item or file is stored in multiple locations in a
computing system implementation. TRUE
2. The REA approach model is an alternative framework to the traditional debit/credit,
journal/ledger model for our AIS design. TRUE
3. Modern managers need both financial and nonfinancial information that traditional GAAP-
based accounting systems are capable of providing. FALSE (INCAPABLE)
4. Resources in an REA model are given reasonable names using verbs. FALSE (NOUNS)
5. The REA modeling concepts can be applied to the design of any information system, not just
an accounting information system. TRUE
6. There are four possible forms of cardinalities. TRUE
7. Verify Availability is a supporting event. FALSE (ECONOMIC)
8. Take Order and Ship product entity has one or one cardinality. FALSE (ZERO OR ONE)
9. Many-to-many association takes place between Verify Availability and Take Order entity.
FALSE (BETWEEN TAKE ORDER AND INVENTORY ENTITY)
10. Association represents the degree of relationship between entities while Cardinalities
represent the nature of relationship between them. FALSE (ASSOCIATION- NATURE OF
RELATIONSHIP; CARDINALITIES – DEGREE OF ASSOCIATION)
11. Disburse Cash is the receive half of the economic exchange. FALSE (GET TIME)
12. All non-key attributes will be dependent on or defined by other non-key attributes. FALSE
(NONE)
13. Value Chain Analysis is a process that distinguish primary activities from support activities.
TRUE
14. Receive Product and Disburse Cash are the two economic events in payroll procedures.
FALSE (GET TIME & DISBURSE CASH)
15. Each attribute in an entity should appear directly or indirectly in one or more user views.
TRUE
MULTIPLE CHOICE QUESTIONS:
4. An economic event where the inventory resource decreases as a result of the exchange.
a. Verify Availability
b. Take Order
c. Ship Product
d. Receive Cash
a. Get Time
b. Order Product Entity
c. Disburse Cash
d. Receive Product
7. The following are the three event entities under Purchase and Cash Disbursement
Procedures, except:
a. Order Product Entity
b. Disburse Cash
c. Receive Product
d. Get Time
9. The following are the steps in the view integration process except:
a. Consolidate the individual models
b. Construct the physical database and produce user views
c. Define the primary keys, foreign keys, and attributes
d. Merge individual REA diagram
13. The causal relationship between a give event and a take event is a ___________,
and __________ is defined as the inflow or outflow of a resource.
a. Difference association; Process
b. Economic Duality; Stockflow
c. Conversion association; Timing
d. Value Chain association; Resource flow
14. Which of the following is NOT an example of a resource in the REA model?
a. Employee Labor
b. Finished Goods
c. Customers
d. Raw Materials