Combining REA Diagrams for Individual Transaction Cycles into a Single,enterprise-Wide

question 51

Multiple Choice

Combining REA diagrams for individual transaction cycles into a single,enterprise-wide model adds three more rules to the three basic principles for drawing REA diagrams.Which of the following is not one of those two new rules?

• A)Every resource must be linked to at least one event that increments that resource and to at least one event that decrements that resource.
• B)If a specific event can be linked to more than one other type of event,but cannot be linked simultaneously to all of those other events,then the minimum cardinality between that event and every other event with which it may be associated must be 0.
• C)If a specific event can be linked to more than one other type of event,but cannot be linked simultaneously to all of those other events,then the maximum cardinality between that event and every other event with which it may be associated must be 0.
• D)All of the above are new rules for drawing integrated REA diagrams.

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Definitions:

Consumer Price Index

An indicator that assesses the typical shift through time in the expenses urban purchasers face for a predetermined array of consumer items and services.

Inflation Rate

The percentage increase in the general level of prices for goods and services over a period.

Consumer Price Index

A measure of the average shift in costs for various consumer items and services bought by urban dwellers, the Consumer Price Index reveals how these prices change over time.

GDP Deflator

A measure of the level of prices of all new, domestically produced, final goods and services in an economy in a year.