1. The resource that is most likely to be found in multiple business processes in all types of organizations is:

1. Employee
2. Cash
3. Cash disbursement
4. Inventory
5. sale

2. Which pair is most likely to be linked together in a financing cycle stockflow relationship?

1. Cash requestion and cash
2. Cash and cash disbursement
3. Acquisition and inventory
4. Dividend declaration and cash
5. Stock issuance and cash receipt

3. What claim accrues if a cash disbursement occurs without corresponding purchase that total the cash disbursement amount?

1. Accounts payable
2. Wages payable
3. Accounts receivable
4. Duality
5. Prepaid expense

4. the objects on which business process model views typically most often integrated are:

1. Duality relationship
2. Resources
3. Agents
4. Date constraints
5. Events

5. In the REA model, the act of a payroll clerk issuing payroll checks to employees to compensate them for hours worked is a:

1. Economic decrement event
2. Economic increment event
3. Instigation event
4. Commitment event
5. Economic reversal event

6. When creating a database in Microsoft access

1. Foreign keys must be specified for each table.
2. In access it is impossible to create a table without designing a primary key.
3. All data and three problems resulting error messages.
4. Referential integrity is only enforced for those relationships for which the database design or user places a check mark in a box for enforce referential integrity during or after creation of the relationship in the relationship layout.
5. To delete a relationship, simply deleting one of the tables involved in the relationship will do the trick.

7. In relational database design, a primary key of one table that is also included in another table

1. Usually ensure that we can get all the information we need to make a decision by querying only one table or the other (i.e., we would not need both tables in the same query).
2. Usually establishes a connection between the tables so they can be linked to generate useful information.
3. Usually results in null value being introduced into the database
4. Usually indicates that someone made a mistake in deriving the table and has added undesirable data redundancy into the database
5. Usually uniquely and universally identifies each instance in both tables in which it is included.

8. Which of the following is FALSE regarding use of relational tables?

1. The table in a relational database are linked to each other through primary and foreign keys.
2. All data values in a column must conform to the same data format.
3. Each cell in a relational table can contain only one value.
4. To build a query, you must know the order of all rows and columns in each relational table.
5. All of the above are TRUE (i.e., none of the above are false).

9. Which of the following financial statements balances is NOT affected by events that occurred on the expenditure cycle?

1. Supplies inventory
2. Cost of goods sold
3. Raw material inventory
4. cash
5. All of the above are affected by events that occurred in the expenditure cycle

10. Examine the entity pairs presented. Which pair is most likely to be linked together on a financing cycle duality relationship?

1. Loan agreement and cash receipt
2. Cash receipt and cash disbursements
3. Dividend declaration and stock issuance
4. Cash requisition and loan agreement
5. Sale and cash receipt

11. Goods or services that are outputs of the manufacturing (conversion) process in a companys value chain generally become inputs to the

1. Financing process
2. Expenditure process
3. Training process
4. Human resource process
5. Revenue process

12. Which of the following financial statement line items require queries that encompass duality relationship?

1. Net sales on income statement
2. Cost of goods sold on income statement
3. Inventory on a balance sheet
4. Accounts receivable on a balance sheet
5. Wages expenses on an income statement