Questions from General Accounting


Q: What is the purpose of reporting noncash items in the SCF?

What is the purpose of reporting noncash items in the SCF?

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Q: Why is the SCF called a derivative statement?

Why is the SCF called a derivative statement?

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Q: What do research findings indicate concerning the relevance of cash and funds

What do research findings indicate concerning the relevance of cash and funds flow data?

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Q: What does it mean to classify a cash flow according to the

What does it mean to classify a cash flow according to the basic nature or function of the event as opposed to the ultimate purpose of the transaction? Which method do you prefer?

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Q: Numerous attributes are measured in the balance sheet. What are the

Numerous attributes are measured in the balance sheet. What are the different attributes? Why is this practice criticized?

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Q: Why does the concept of market efficiency (with respect to information

Why does the concept of market efficiency (with respect to information) have no necessary relation to the quality of accounting information? Why is this distinction important with respect to accountin...

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Q: Is earnings per share an example of finite or rigid uniformity

Is earnings per share an example of finite or rigid uniformity?

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Q: Why is the handling of troubled debt restructuring under SFAS No.

Why is the handling of troubled debt restructuring under SFAS No. 114 illogical?

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Q: Why are future events so important to the issue of revenue and

Why are future events so important to the issue of revenue and expense measurement?

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Q: Which factor discussed under future events is the most important and why

Which factor discussed under future events is the most important and why?

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