Financial Preparation for Entrepreneurial Ventures
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?
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?
I wasn't particularly surprised by any one thing in this section. I have taken Financial Accounting in the past and many of these terms and information was related.
2) Identify at least one part of the reading that was confusing to you.
I was slightly confused by the discussion about vertical and horizontal analysis but I researched the two to clarify.
3) If you were able to ask two questions to the author, what would you ask? Why?
- What are the benefits of the budgeting process?
- How can cash flow be improved in the various service sectors?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
I have taken Financial and Managerial Accounting over past semesters so I found the information from the chapter to be familiar and accurate.
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