1. What is the chief concern of financial accounting as described in the textbook?
2. What are the four financial statements most commonly generated by financial accountants?
3. What is the formula for Net Operating Cash Flows?
4. Why is the Cash Method not the preferred reporting method for financial accounting?
5. What are the two fundamental characteristics of financial reporting information that make it useful?
6. Name and describe the enhancing characteristics of financial information discussed in the text?
7. What is the biggest constraint that affects all financial reporting?