Question: 6. Explain how cash flow data complement the income statement and balance sheet. 7. What is the quality of income concept, and how does cash

 6. Explain how cash flow data complement the income statement and
balance sheet. 7. What is the "quality of income" concept, and how
does cash flow reporting relate to it? 5. What advantages do you

6. Explain how cash flow data complement the income statement and balance sheet. 7. What is the "quality of income" concept, and how does cash flow reporting relate to it? 5. What advantages do you see for classifying interest expense as an investing cash flow rather than an operating cash flow? What is the advantage of classifying it as an operating cash flow? What is the advantage of classifying it as a financing cash flow? 9. Why is the three-way classification system in the SCF more informative than the two-way source/use classification? How does the source/use classification reflect the structure of double-entry accounting

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