Reading Reflection Week 10
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?
What surprised me about this week's reading was it's similarity to my financial accounting course. It was a recap of basic financial accounting.
2) Identify at least one part of the reading that was confusing to you.
The key key variables used in regression analysis were not clearly explained. We are given the general formula ,but they only give us one basic example.
3) If you were able to ask two questions to the author, what would you ask? Why?
At what point is it more convenient to hire an accountant?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
The traditional accounting equation they use Assets=Liabilities+equity is too basic for any practical use.
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