Now that you are a famous businessperson, you are frequently asked to make after-dinner speeches on business topics. Without thinking about it too much, you agreed to make a speech on accrual accounting to a class of graduating business students. Now you have to think of something to say, and you have decided to entitle your talk, 'Why managers like me like accrual accounting and why we worry about it'. List the topics you plan to talk about under this heading.