u 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

REA diagram is not appropriate? [10 Marks]

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

of the data collection methods