Question 1
In the preparation of adjusting entries, it is necessary to make several estimates. Since you are using estimates, how can you be assured that financial statements are accurate? What steps can you take to make sure that estimates are as accurate as possible?
Question 2
Taking each of the theories studied in this week's module, please discuss the following:
• The role that each of the theories have played in technology
• Include the perspective of both theories, whether it's positive or negative.
• Remember that your discussion needs to be long enough to address the topic completely.