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?

 

Transcribed Image Text:

Special Topics in REA Modeling LALenueu NLA Diayiam Supplier for Expenditure Cycle Request Inventory Employee (Inventory Control) %23 Employee (Supervisor) Employee (Purchasing Clerk) Order Inventory Inventory %3 Supplier Warehouse Receive Employee Special Topics in REA Modeling LALenueu NLA Diayiam Supplier for Expenditure Cycle Request Inventory Employee (Inventory Control) %23 Employee (Supervisor) Employee (Purchasing Clerk) Order Inventory Inventory %3 Supplier Warehouse Receive Employee

Answer rating: 100% (QA)

Advantages of having a single supplier 1 Easier to maintain relationship It is comparatively easier ... View the full answer