When Using an REA Diagram to Develop a Database,many-To-Many Relationships

question 41

Multiple Choice

When using an REA diagram to develop a database,many-to-many relationships must be

• A) broken into multiple one-to-one relationships.
• B) combined into a single one-to-one relationship.
• C) combined into a one-to-many relationship.
• D) broken into multiple one-to-many relationships.

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Definitions:

Misstatements

A misstatement in financial information is an error, intentional or not, that causes financial statements to deviate from the true financial position, performance, or cash flows of an entity.

Economic Decisions

Choices made by individuals, firms, or governments regarding allocation of resources to satisfy needs and desires, often involving trade-offs.

Going Concern Basis

An accounting principle that assumes a business will continue to operate and remain solvent in the foreseeable future.

Accounting Policy

The unique criteria, base assumptions, conventions, statutes, and approaches employed by a business in the development and disclosure of financial statements.