Data Model to Database Accounting Question 1 All business organisations have at least three broad business cycles: acquisition/payment cycle, conversion cycle, and sales/collection cycle. In which of these cycles do each of the following activities belong? Explain your response. 1. Delivering a new product to a customer 2. Hiring new employees 3. Paying for new capital tool 4. Assembling sub-component for a finished product Question 2 a) A retail store customer takes his merchandise to the counter. The clerk scans the item's control tag to enter the price, The customer presents a credit card to pay for the merchandise and the clerk scans the credit card at his point of sale terminal to verify the payment. The customer then signs the credit card receipts and exit s the store with his package. b) On March 7, Quality Mart, a small retail grocer, realized it was low on several inventory items. Quality's purchasing clerk placed a large purchase order with Quick Groceries Company. The clerk added the order to the company's data file of outstanding purchase On March 10, Quality received the inventory items, recorded the receipts, and ord placed the items on its selves for resale. On March 13, Quality received an invoice (bill) from Quick Groceries. An accounts payable clerk used a computer program to compare the order, the goods received, and the vendor invoice. When she was satisfied that they matched, she recorded the purchase and increased the amount owed to Quick Groceries in account payable. For each of the scenarios, 1. Identify the operating events and related resources, events, agents and locations. 2. Identify any information events, including the type of event and the operating or decision/management event that triggered the information response Question 3 Clean and Shine Sdn Bhd. You are a customer representative responsible for the sales/collection process for accompany that provides janitorial services. Each day customers call to request a bid on work. You submit a bid to each customer who calls. If the customer accepts your bid, you create a contract stating the terms and conditions of the agreement (e.g., types of services to be provided, the cost of each , how often the services will be provided, and when payments are due from the customers). Once the customer signs the contract, teams of janitors provides the services and the customer begins making payment according to the terms and conditions of the contract. Your company employs a clerk to receive and process the payment 1. Identify the processes and the events in each process? 2. Identify the management objectives, event triggers, resources (the what), agents (internal and external who) and locations (the where) involved in each event. 3. Using the information above create REA graphical models for each of the four business processes. 4. Identify the attributes/properties of each of REA