Integrating Separate REA Diagrams Developed for Individual Transaction Cycles into a Single,comprehensive

question 33

Multiple Choice

Integrating separate REA diagrams developed for individual transaction cycles into a single,comprehensive enterprise-wide data model

• A)is possible.
• B)requires understanding what the cardinalities in each separate diagram reveal about the organization's business policies and activities.
• C)provides a single comprehensive enterprise-wide model of the organization.
• D)All of the above are true.

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Definitions:

Opportunity Cost

Opportunity cost refers to the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Net Float

The difference between checks written against and deposited in an account and those that have been cleared and charged against the account.

Short-term Investments

Financial assets that are expected to be converted into cash or sold within a short timeframe, usually one year or less.

Zero-balance Account

A checking account set up to maintain a balance of zero by automatically transferring funds from a master account in the exact amount of transactions.