Question: 1. Very carefully explain why conflicts can exist between prediction of cash flows and accountability. II. How does feedback value relate to predictive ability and accountability?
2. Is there a similarity between the codification approach (On) to standard setting and the jurisprudential approach?
3. Verifiability is part of reliability in SFAC No. How does verifiability Myer from the older concept of objectivity and which do you think is more restrictive?