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Title: Using an REA database design, which of the below is false with regards to cost data? Post by: victor.m.rojas2 on Apr 8, 2019 Using an REA database design, which of the below is false with regards to cost data?
• Cost information is stored in several tables. • Standard cost is stored as an attribute of the Inventory table because it is the same for all units of a given inventory item for a fiscal year. • In contrast, the actual cost of inventory is stored in a relationship table because prices can vary over time. • Actual cost can be stored as an attribute of the Inventory table for organizations that value inventory based on the most recent amount paid. Title: Using an REA database design, which of the below is false with regards to cost data? Post by: urbacore on Apr 8, 2019 Actual cost can be stored as an attribute of the Inventory table for organizations that value inventory based on the most recent amount paid.
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