Discuss the four rules for designing an rea diagram

Assignment Help Accounting Basics
Reference no: EM131017201

Taking into account that the quotation of internet. Not more than 45% .

If the ratio is greater than mentioned, it will be rejected .

Writing all the references at the end.

You are a staff accountant at a large firm and are assigned to work with the IT department to update the current systems throughout the organization. An accounting intern is assigned to help with the project. The intern wants to document the current processes using a REA diagram.

Conduct a preliminary search and:

1- According to the above scenario, how do you explain to the intern why REA diagram is not appropriate?

2- Discuss the four rules for designing an REA diagram? Include a definition for each?

3- Discuss how adopting a value chain perspective reveals advantages of adopting an REA approach to information system development?

Reference no: EM131017201

Questions Cloud

Net working capital other than cash : Net working capital, other than cash, is $3,220. Fixed assets are $17,530 and current liabilities are $1,690.
The collection of accounts receivable is recorded : The collection of accounts receivable is recorded by a:A)Debit to Cash and a debit to Accounts Receivable.B)Credit to Cash and a credit to Accounts Receivable.C)Debit to Cash and a credit to Accounts Receivable.D)Credit to Cash and a debit to Account..
Sale including the cost of the merchandise sold : The cost of the merchandise sold is $152,700. Showcase Co. issues a credit memo on March 5 for $30,000 for merchandise returned prior to Balboa Co. paying the original invoice on March 29.
Prepare a report to the manager of yamada company : Prepare a report to the manager of Yamada Company showing the The effect on the cash flows for the period from 1st January to 30th June and the total amount to be collected from the customers (Account Receivables) as at 30 June 2016.
Discuss the four rules for designing an rea diagram : Discuss the four rules for designing an REA diagram? Include a definition for each? Discuss how adopting a value chain perspective reveals advantages of adopting an REA approach to information system development?
How much of purchase price acme corporation debit goodwill : The inventory is worth $60,000, the land is worth $400,000 and the equipment is worth $300,000. Everything else is worth its book value. Acme Corporation will pay $1,000,000 for Stark Inc. How much of the purchase price will Acme Corporation debit..
How do you intend to gather the data for your study explain : How do you intend to gather the data for your study? Explain. What are 3-4 types of statistical methods can be used to analyze the data? Explain in detail What are the advantages and disadvantages of each type of statistical data analysis method? Exp..
Differentiate between occasional and professional criminal : Differentiate between an occasional and a professional criminal. Which one would be more likely to resort to violence? Which one would be more easily deterred
Provide a diagram of the financial planning process : Determine client expectations and requirements with respect to financial markets advice - Develop an awareness of the clients situation and Obtain relevant knowledge of client's financial position and risk profile

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd