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Week 3
ACC 220 Week 3 DQ 1Discussion Question 1: Post your response to the following: When reviewing a financial report, why should information be reliable, relevant, consistent, and comparable? In other words, why are these accounting characteristics important? What kinds of problems could be created if a financial report is not reliable, relevant, consistent, or comparable? ACC 220 Week 3 DQ2 Discussion Question 2: Post your response to the following:How does information from financial reports influence business decisions? Why is it important for business managers to understand the information found on financial reports? Week 3 Assignment:ACC 220 Week 3 Checkpoint (Classified Balance Sheet)
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