question archive As head of your department, you are responsible for disseminating information to your staff

As head of your department, you are responsible for disseminating information to your staff

Subject:BusinessPrice: Bought3

As head of your department, you are responsible for disseminating information to your staff. You have decided to create an infographic handout about the 3 types of business organizations to help them learn about the 3 types of business organizations, understand the key users’ roles, and recognize how the different types of business organizations utilize financial information in the day-to-day business operations. 

Assignment Directions:

Use the information from Ch. 1, “Introduction to Financial Statements,” of Accounting to create an infographic in which you:

  • Describe the following 3 types of business organizations: sole proprietorships, partnerships, and corporations.
  • Describe 1 advantage and disadvantage for each of the 3 types of business organizations.
  • Describe the key users (i.e., sole proprietor, partnership, board of directors, CEO, COO, CFO, managers, etc.) of financial information.
  • Explain the types of day-to-day business decisions made by using financial statements.

Format any references used according to APA guidelines. 

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