In an Entity-Relationship (E-R) Diagram for the Purchasing Process, You

question 61

Multiple Choice

In an entity-relationship (E-R) diagram for the purchasing process, you would expect that the word generate would appear in the diamond showing the relationship between:

• A) VENDOR and PURCHASE_ORDERS
• B) VENDOR and EMPLOYEES
• C) VENDOR and PURCHASE_REQUISITIONS
• D) PURCHASE_REQUISITIONS and PURCHASE_ORDERS

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Definitions:

Asset Account

An account on a company's balance sheet that represents tangible or intangible items of value owned by the company.

Debit

An accounting entry that increases an asset or expense account, or decreases a liability or equity account. It is positioned on the left in an accounting entry.

Credit

An accounting entry that increases a liability or equity account or decreases an asset or expense account, reflecting the opposite of a debit.

Basic Accounting Equation

Assets = Liabilities + Stockholders’ Equity.