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QUESTIONS FOR SPECIAL TOPICS IN REA MODELING For the Expenditure Cycle REA diagram in Figure 2, there is just one supplier per inventory item. What

QUESTIONS FOR SPECIAL TOPICS IN REA MODELING

For the Expenditure Cycle REA diagram in Figure 2, there is just one supplier per inventory item. What are the business advantages & disadvantages of that?

In the Rental Revenue REA diagram in Figure 5, what do you learn about this companys policy of getting cash in advance vs. giving credit?

Why would there be a possibility of many receipts of cash per rental event if we assume they get all the cash before they release the rental (and they dont take installments)?

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