111. Discuss the premise of accrual accounting. Why is it considered preferable over cash basis accounting?

115. Explain the difference between a market-value balance sheet and a book-value balance sheet.

117. Can cash flow from operations be positive if net income is negative? Can operating cash flow be negative if net income is positive? Give examples.

118. What are a firm's cash flows?

122. What information is contained in the balance sheet/Income statement, and statement of cash flows?

124. Why does accounting of income differ from cash flow?