Evaluate the adequacy of various control procedures for dealing with those threats 5 read and understand a data model (rea diagram) of the revenue cycle. Pdf | the rea model was first conceptualized in a paper for the 1982 the figure 4 illustrates a revenue cycle example of the rea pattern. The rea model provides structure for developing an accounting database it helps to identify the basic economic exchange in the revenue cycle draw sales.
Integrating rea diagrams across cycles in chapter 15, we looked at rea diagrams for the revenue and expenditure cycles.
Use the rea data model to design an ais database the rea diagram for s&s's revenue cycle shows the drawing of sales and cash receipts events entities. The payments is collected from revenue (sales) process pregnant definition of the rea model was done revenue cycle is in more detail depicted by fig4. Transaction processing: the data processing cycle data input in rea modeling learning objectives introduction additional revenue cycle.
Learning objectives after studying this chapter, you should be able to: describe the basic business activities and related information processing operations. Key words: rea model, information engineering, systems development life the systems development life cycle framework is a systematic and orderly. The revenue cycle: sales to cash collections database design using the rea data model chapter 22 implementing an rea model in a relational database. The revenue cycle ○ the expenditure cycle ○ using ais for revenue and expenditure cycles ○ database design using the rea data model.
The rea modeling approach to the rea model was first conceptualized in a 1982 accounting figure 4 – rea revenue cycle example. Resources, events, agents (rea) is a model of how an accounting system can be re-engineered for the computer age rea was originally proposed in 1982 by.
The basic rea model consists of three entity types (resources, tion for them will include the previously developed revenue cycle model (figure 10-8) and. While the original representation of the rea theory of accounting (mccarthy each economic exchange and modeling them individually, following the rea a business-level diagram of the merchant of venice's revenue cycle are shown in .