When Integrating Multiple REA Diagrams into an Integrated REA Diagram,to

question 12

Multiple Choice

When integrating multiple REA diagrams into an integrated REA diagram,to merge an event that appears in both business cycle REA diagrams,

• A)the event that appears in both business cycle REA diagrams may be linked to either an event that is part of one business cycle or to an event that is part of another business cycle.
• B)the event that appears in both business cycle REA diagrams may be linked to an event that is part of one business cycle and to an event that is part of another business cycle.
• C)One cannot merge an event that appears in both business cycles.
• D)none of the above

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Definitions:

Promissory Notes

A written agreement to pay a specified amount of money, either on demand or at a defined future date.

Banker's Acceptance

A short-term debt instrument issued by a company that is guaranteed by a commercial bank, used in international trade.

International

Relating to, involving, or encompassing several countries or spanning across national boundaries.

Specified Amount

A precise sum or quantity that has been determined and stated in a contract or agreement.