Question: Prior to beginning work on this discussion, readChapters 1 and 2in the textbook. In addition, the MyLab materials listed in the Recommended Resources section this

Prior to beginning work on this discussion, readChapters 1 and 2in the textbook. In addition, the MyLab materials listed in the Recommended Resources section this week may provide more in-depth information for this discussion (optional).

Write: Make sure your response addressing the following questions is more thantwo hundreds wordsand that you include an in-text citation or a brief quote from the reading material where appropriate.

What information is contained in the four financial statements?

What order are the financial statements prepared?

Why do the four financial statements have to be prepared in this order?

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2. Information that comes most readily to mind (availability).

3. An initial value (anchoring).

4. Similarity (representativeness).