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Briefly explain the general purpose of each of the two financial statements (the performance statement and the position statement): An introduction to business and management Case Study, OU, UK

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Briefly explain the general purpose of each of the two financial statements (the performance statement and the position statement): An introduction to business and management Case Study, OU, UK

UniversityThe Open University (OU)
SubjectAn introduction to business and management Case Study

 Question 2

Briefly explain the general purpose of each of the two financial statements (the performance statement and the position statement) and the usefulness of each of them for the business in the case study.

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