Question: Hi, I need someone to help explain these questions: Explain the difference between a cash basis and an accrual basis measure of performance. Evaluate how,

Hi,

I need someone to help explain these questions:

  • Explain the difference between a cash basis and an accrual basis measure of performance.
  • Evaluate how, in most cases, accrual basis net income provides a better measure of performance than net operating cash flow?
  • Explain the purpose of adjusting entries as they relate to the difference between cash and accrual accounting.

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