ACC 225 WEEK 1 DQ 1 AND DQ 2

ACC 225 WEEK 1 DQ 1 AND DQ 2

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ACC 225 WEEK 1 DQ 1 AND DQ 2

Week 1

Discussion Question 1

Due Date: Day 2 [post to the Main forum]· Post your response to the following: Interview a friend or family member about his/herwork environment. Is his/her organization a sole proprietorship, partnership, orcorporation? Who is involved with the accounting decisions and information? In whatways is your friend or family member affected by the accounting information?

Discussion Question 2

Post your response to the following: Describe one of the four basic financial statements,and answer the following questions.o For what is it typically used?o What information is the most valuable?o How does it complement another financial statement?· Respond to a classmate who selected a different financial statement from yours. How dothe financial statements tie into one another?

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