1.J.J Cuisine is a small but growing business. Outline three differences there would be in J.J Cuisine's accounting reports if they were to use cash accounting rather than the accrual method of accounting.

2.Briefly discuss three ratios that J.J Cuisine could use in their analysis of annual business position or performance. Using these ratios provide 3 possible reasons why the ratios could be limited use in their analysis of their business position or performance.

3.ABC Company had a positive net cash flow for the year, but its income statement has reported a loss for the same year. Explain three (3) possible reasons for this difference.

4.J.J. Asian Cuisine, has been collecting a lot of information about their business.Suggest three examples of financial information and three examples of non-financial information relevant to use in improving their business.