Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

Entity Relationship Problems

Draw the entities and the minimum and maximum cardinalities for the two entities described in each problem. Some problems specify the entities that you should draw. Read each problem carefully. You might find the database design REA data model power point slides useful.

Problem 1:

ABC Inc. would like to have a database for recording:

  1. all purchases
  2. all cash-disbursements
  3. the links (relationship)  between purchases and cash-disbursements

It is important to know that:

  • we pay all purchases at the  end of the month
  • the cash-disbursement table  will also be used to record payments for employee services

Problem 2:

'Loud,' a shop selling CD players, radios, etc. accurately traces orders and sales:

  • Loud generates an 'Open  Orders' list daily.
  • There is exactly one order  for each sale.
  • An order can't result in more  than one sale.

Problem 3:

  • "Disaster" is an  insurance company.
  • Customers buy a contract from  Disaster. There is at most one  contract for a customer.
  • When a disaster happens,  Disaster has to pay a customer.
  • Customers make monthly  payments.
  • A customer makes her/his  first payment one or two weeks after she/he signs the contract.
  • There is at most one contract  for each cash receipt.
  • In general, Disaster uses 6, 12  or 24 payments to pay the customer.
  • There is at most one customer  for a cash disbursement.
  • Last week Disaster bought  furniture from Pinko. Disaster does  not have to pay Pinko until the beginning of next year. A great deal!

What are the cardinalities for the contract-cash disbursement relationship?

Problem 4:

The Abmis Orchestra would like to build a database that records information about instruments and musicians:

  • More than one instrument can  be recorded for the same musician.
  • It is possible to include instruments  without having any actual or potential musician that can play the  instrument.
  • There can be many musicians  available for the same instrument.
  • They would like to include  the actual musicians as well as potential musicians.
  • At least one instrument must  be recorded for each musician.

Problem 5:

Xilebo is a company selling kitchenware to restaurants. Xilebo uses the following status values for customers: flea, fly, frog, fox and lion. A new customer gets status fly. When the customer remains creditworthy he can improve his status; that is: become a frog, become a fox, etc. When a customer does not pay on a regular basis he becomes a flea. Xilebo does not keep the history of changes in status and only records the most recent status. Currently, nobody is a lion. More than 500 customers have status fox. Only five customers have status flea.

Problem 6

A quotation list provides information about the prices asked per vendor per item. For example, Vendor Lagoon offers a tomato for $2 and a banana for $1 and Vendor Circus offers a banana for $2 and a tomato for $1. Potential vendors are included in the database. Only items for which a vendor is known are included in the database.

Problem 7

Monica owns a stuffed animals store in Lansing. Her business is going extremely well since she started selling exclusive items such as "Seven Dwarfs" Limited Edition, the "Cinderalla" collection, the ultimate "TinTin" collection, etc. Currently, Monica has 500 different types of stuffed animals, including Sleepy-small, Sleepy-big, Garfield-yellow, Garfield-gold, etc. She has a large stock for most of them. For her 25 most important customers ("Club 25"), she keeps a list of their five most favorite items. She uses that information to send gifts (birthday, wedding, etc.) to her customers. An item can be the favorite item for more than one "Club 25" member.

Problem 8

When you buy optional equipment for a car you can buy equipment as a single item or as a package. In general, packages are cheaper. An example of an optional equipment package is Volvo's Grand Touring Package. The Grand Touring Package includes an adjustable power front seat, an in-dash single CD player and burled walnut wood trim on instrument panel and center floor console. The Grand Touring Package is available for all V70 models (V70 GT, V70 GLT) except for the V70 T5 model. The package is standard on the V70 T5 model. No optional equipment packages are available for the V70 T5 model. Other packages are available for the V70 GT. Examples of other optional equipment packages available for the V70 GT are the Sport Package and the TRACS/Cold Weather Package. There is at least one car model for each package.

Problem 9

The Belgian Chocolate Company (BBC) has specific rules for carrier selection. All shipments that are not within a 50-mile radius of East Lansing are shipped by a long distance carrier. These are the 'Long Distance' shipments. There are three different categories of Long Distance (LD) shipments - normal LDS, express LDS and delicate LDS. Express LDS delivers the chocolates within two working days. A delicate LDS is used in summer or to warm places such as New Mexico, Texas and Arizona. There are only two types of local shipments (LS), normal LS and delicate LS. Only carriers that offer at least one of these shipment categories are considered. The UPS strike led to the decision to record at least two different carriers for each shipment category. Categories and authorized carriers change over time. BCC would like to have these rules stored into the relational database.

Attachment:- Database-Design.ppt

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9747414
  • Price:- $80

Guranteed 48 Hours Delivery, In Price:- $80

Have any Question?


Related Questions in Accounting Basics

Question during the current year merchandise is sold for

Question: During the current year, merchandise is sold for $18,300 cash and $295,700 on account. The The cost that is reported as an expense when merchandise is sold.cost of the merchandise sold is $188,000. What is the ...

Question 1 in april 2018 abdullah masud editor of the arab

Question 1: In April 2018, Abdullah Mas'ud, editor of The Arab Newspaper (AN), decides to reduce the price per newspaper from SR0.70 in April 2018 to SR0.50 starting 1 May 2018. Actual paid circulation in April is 7.5 mi ...

Question - x company incurred the following costs in

Question - X Company incurred the following costs in 2017: Factory insurance $4,606 Customer service 4,470 Advertising costs 5,478 Factory maintenance 4,475 Direct materials 5,151 Direct labor 4,165 Factory utilities 5,4 ...

Question - a company has 19 units in inventory at the

Question - A company has 19 units in inventory at the beginning of May and paid $55 for each unit. On May 2, the company buys 24 more units and pays $57 for each unit. On May 5, the company sells 30 units for $84 each. I ...

Question - robin corporation purchased 150000 previously

Question - Robin Corporation purchased 150,000 previously unissued shares of Nest Company's $10 par value common stock directly from Nest for $3,400,000. Nest's stockholder's equity immediately before the investment by R ...

Question - a companys wages payable account had a beginning

Question - A company's Wages Payable account had a beginning balance of $12,000. During the month, the company paid out $70,000 cash for wages. The account had an ending balance of $23,000. What was recorded as Wage Expe ...

Question - jabiru corporation purchased a 20 interest in

Question - Jabiru Corporation purchased a 20% interest in Fish Company common stock on January 1, 2002 for $300,000. This investment was accounted for using the complete equity method and the correct balance in the Inves ...

Question - xyz ltd has a balance day of 31 december on 1

Question - XYZ Ltd has a balance day of 31 December. On 1 January 2XX3, it had an opening inventory balance of $12,000. XYZ Ltd purchased $23,000 worth of goods for resale. On 31 December 2XX3, the closing inventory bala ...

Auditing assignment -assessment taskthe aim of the group

Auditing Assignment - Assessment Task: The aim of the group assignment is to test students' ability to integrate skills learnt in Auditing and Assurance Services to analyse a real company from the auditor's perspective a ...

Question -sept 1 - the company sold shares of common stock

Question - Sept. 1 - The company sold shares of common stock for $30,000 cash. Sept. 1 - The company purchased a one-year insurance policy for $300 in cash. Sept. 1 - The company purchased office equipment costing $8,000 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As