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Tuesday, February 9, 2016

ACC 561 Week 1 DQ

 February 09, 2016     No comments   

ACC 561 Week 1 DQ

ACC 561 Week 1 DQ 01: What do you find interesting about each of the four financial statements, which include balance sheets, income statements, statements of cash flows, and statements of owners equity?

ACC 561 Week 1 DQ 02: Accounting is often called the language of business . Why do you think accounting is called the language of business?

ACC 561 Week 1 DQ 03: Why are the financial statements important to internal users such as employees, managers and directors of a company?

ACC 561 Week 1 DQ 04: If you are an investor in a company, which statement do you look at first and why?

ACC 561 Week 1 DQ 05: How do accountants and accounting help to connect to the numbers? What tools are used to accomplish this?

ACC 561 Week 1 DQ 06: The income statement is ongoing meaning that it measures a company s performance over time, (1 month, 3 months, a year): What are some questions that are answered by the income statement?

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