1. How does QuickZoom which is a feature from QuickBooks help you further investigate an income statement? What elements of an income statement are likely to require additional investigation? What important information is derived from the income statement and who would use this information?

2. Explain the one adjustment necessary to reconcile net income to cash provided by operations that were not initially a part of the statement of cash flows until changes are made in the report's layout. When adjustments are made to the financial reports, where are they noted? Why are these "notes" important for investors and other users of the financial reports?