1)Interview a friend or family member about his/her work environment. Is his/her organization a sole proprietorship, partnership, or corporation? Who is involved with the accounting decisions and information? In what ways is your friend or family member affected by the accounting information?
2)Describe one of the four basic financial statements, and answer the following questions.


o For what is it typically used?
o What information is the most valuable?
o How does it complement another financial statement?