Final answer:
The question pertains to identifying a duality association in the acquisition cycle, which reflects a corresponding pair of accounting or business events. The most fitting option is D) Purchase and inventory type, as this pair clearly represents an acquisition transaction—purchasing results in inventory, showing the exchange of cash for asset increase.
Step-by-step explanation:
The question asks which classes would be paired in a duality association in the acquisition cycle. In an acquisition cycle, the duality association refers to the relationship between two categories that typically reflect a transaction or a complementary event in accounting and business operations. Considering the options provided:
- A) Service acquisition and cash disbursement: This pair shows a duality association, as acquiring a service often results in cash being disbursed.
- B) Cash disbursement and cash: This doesn't show duality; it's more of a direct relationship where cash disbursement reduces the cash amount.
- C) Purchase and purchase return: While related, this is more about the reversal of an activity rather than a duality of the acquisition itself.
- D) Purchase and inventory type: This is a core duality association as the purchase results in inventory, reflecting the exchange of money for goods which are then held as inventory.
- E) Rental contract and cash receipt: This involves earning revenue from rentals, which is not directly part of the acquisition cycle.
Therefore, based on the understanding of duality in the acquisition cycle, the most appropriate pair would be D) Purchase and inventory type because this reflects the two aspects of a transaction – the purchase (expenditure of cash) and the resulting increase in inventory (asset).