Concerning the Generation of Financial Statements from an REA-Based Relational

question 11

Multiple Choice

Concerning the generation of financial statements from an REA-based relational database,which of the following is false?

• A) It is possible to use a completed REA diagram to guide the writing of queries to produce the information that would be included in financial statements.
• B) Many financial statement items can be displayed by querying a single table.
• C) It is unnecessary to understand the REA data model to know which tables need to be included in each query to generate the correct answers to financial statement questions.
• D) A major advantage of the REA data model is that it integrates non-financial and financial data.