Based on a REA Model, an Accountant Created an Inventory

question 75

Essay

Based on a REA model, an accountant created an inventory table, a purchase inventory table and a purchases/inventory table.Several field names that might appear in those tables are listed below.Organize them into the appropriate tables based on the principles of database normalization.Specify primary keys with underlines and foreign keys with brackets.Some of the field names may be used in more than one table; others may not be used at all."As of" date for beginning inventory
Beginning quantity on hand
Cost per unit of beginning inventory
Inventory description
Inventory item number
Number of units purchased
Price per unit purchased
Purchasing agent ID
Total cost of inventory on hand
Total cost of inventory purchases
Transaction date
Transaction number
Vendor ID

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Definitions:

Manipulation

The act of controlling or influencing others in a deceptive or indirect way.

Research Designs

The framework or plan for a study that outlines how data is to be collected, analyzed, and interpreted.

Variables

Elements or factors that can change and potentially influence the outcome of scientific research or experiments.

Manipulation

The act or practice of controlling or influencing someone or something to achieve a desired outcome, often in a deceptive way.