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pls what are the answers to the study? 1. a) You are an accountant in a large firm and you are assigned to work with
pls what are the answers to the study?
1. a) You are an accountant in a large firm and you 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. How do you explain to the intern why [10 Marks] REA diagram is not appropriate? b) What are the four rules for designing a REA diagram? Include a definition for each [5 Marks] c) Explain specifically what is meant by the following statement: "Accountants can and should participate in all stages of the database design process."[10 Marks] d) Describe the methods used to collect data about business activities and process transaction data. Identify at least one (1) design and control considerations for each [10 Marks] of the data collection methods. 1. a) You are an accountant in a large firm and you 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. How do you explain to the intern why [10 Marks] REA diagram is not appropriate? b) What are the four rules for designing a REA diagram? Include a definition for each [5 Marks] c) Explain specifically what is meant by the following statement: "Accountants can and should participate in all stages of the database design process."[10 Marks] d) Describe the methods used to collect data about business activities and process transaction data. Identify at least one (1) design and control considerations for each [10 Marks] of the data collection methodsStep by Step Solution
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