Create Cardinalities for Each of the Following Independent Situations

question 7

Essay

Create cardinalities for each of the following independent situations.Format the cardinalities as they would appear in a REA model.
a.A customer may purchase inventory multiple times; every inventory purchase is tied to a single customer.
b.A "purchase inventory" transaction may involve multiple inventory items; an individual inventory item may be sold many times or not at all.
c.Each inventory purchase is authorized by a single purchasing agent; the number of authorizations for each purchasing agent can be as few as one, but has no upper limit.
d.A bank deposit is processed by a single teller; a teller can process an unlimited number of deposits, but must process at least one each day.
e.An individual "process bank deposit" transaction may involve multiple checks; an individual check can be deposited only one time.

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Definitions:

Federal Withholding

The amount of an employee's pay withheld by the employer and sent directly to the government as partial payment of taxes.

Taxable Income

The amount of an individual's or a corporation's income used to determine how much tax is owed to the government.

Married Filing Jointly

A tax filing status for married couples who choose to combine their income and deductions on a single tax return.

Tax

The amount of money a person must pay to the government to benefit from government services.