1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?
During my associates degree I took some accounting classes, so nothings really surprised me, but I was pretty excited that near the end of the chapter they listed all the formulas.
2) Identify at least one part of the reading that was confusing to you.
Like I said, during my associates degree I took some accounting classes so a lot of the terms and topics were quite familiar. One thing I never did was the pro forma statements, so I had to take my time and read it.
3) If you were able to ask two questions to the author, what would you ask? Why?
Do you need a degree that focuses on accounting/finance to be success, or can everything be self taught especially if you're an entrepreneur with no college experience?
What was the hardest aspect to learn for financial accounting in your opinion?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
A lot of the material in this chapter was pretty factual, so I didn't really have anything to disagree on, because a formula will not lie.
- William Garlock
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