Hello everyone, l need explanation of the answers, why we choose these three answers.

Cycle Review Sudent 1. Ford Motor Company purchases services from suppliers on account and sells its products to distributors on short-term credit. As a result, do each of these events affect net income faster than they flows? affect net operating cash Purchase Services Yes Yes No No Sell Products Yes No Yes Yes No d. Option a Option b C. Option c D. Option d 2. Which of the following is not true about net operating cash flow? A. It is the difference between cash receipts and cash disbursements from providing goods and services. B. It is a measure used in accrual accounting and is recognized as the best predictor of future operating flows. Over short periods, it may not be indicative of long-run cash-generating ability. It is easy to understand and all information required to measure it is factual. C. 3. In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: revenue is recognized." This note exemplifies Apple's use of The Company provides currently for the estimated cost for product warranties at the time the related Conservatism. B The matching principle. C. Realization principle. D. Economic entity