Financial Information

Week 7: Video Discussion

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Financial Information-Accounting & Financial Statements – Pops Diner

Discussion Question:

After reading the chapters and watching the video, answer the following:

Many employees do not like having a position dealing with numbers. However, the video this week is a good illustration of the connection between numbers (dollars!) and the relationship between a small business and the town in which it resides. Marty Doepke states that Pop’s is the largest source of tax revenue for the very small town of Arcadia, Oklahoma. Speak on the importance of the accounting and finance functions of business. Be creative in your responses, but address the importance of having managers who appreciate this function, even if they are not strictly accounting/finance types. Tie your answer back to at least one principle you learned from this week’s readings.

Submission Instructions:

Discussion Board Rubric.pdf

1. Provide a substantive and original response of at least 150 words to earn full participation points (see rubric linked above) for both questions together (please paragraph appropriately). When you can, post an example which relates your experience in the workplace, or in one with which you are familiar.

2. Students must not plagiarize other students’ posts.

3. Discussion must be answered correctly and in detail.

Link:

Week 7 – Pops Diner – Financial Information-Accounting & Financial Statements).mp4 – Google Drive

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