A) Identify and evaluate key accounting measures for The Walt Disney Company's business. What are the key drivers and financial metrics that expose the company's biggest expenses and revenues? Discuss programming/production cost and depreciation/amortization due to HULU. B) Assess accounting flexibility: How much flexibility does a manager have determining the key accounting measures identified in the previous question? Discuss warranty decisions. C) Evaluate accounting strategy: How do Disney's accounting policies compare to the norms in the industry? Discuss GAAP. What does NBCUniversal use for accounting policy? D) Identify potential red flag found in FY2020 financial statement. A) Identify and evaluate key accounting measures for The Walt Disney Company's business. What are the key drivers and financial metrics that expose the company's biggest expenses and revenues? Discuss programming/production cost and depreciation/amortization due to HULU. B) Assess accounting flexibility: How much flexibility does a manager have determining the key accounting measures identified in the previous question? Discuss warranty decisions. C) Evaluate accounting strategy: How do Disney's accounting policies compare to the norms in the industry? Discuss GAAP. What does NBCUniversal use for accounting policy? D) Identify potential red flag found in FY2020 financial statement