Income--General Concepts
      1. What are the objectives of income reporting?
      2. Discuss the capital maintenance approaches to income.  What do these approaches have in common?
      3. What is (are) the shortcoming(s) of the capital maintenance approaches?
      4. What is the "transactions" approach to income?
      5. What are external transactions?
      6. What are internal transactions?
      7. What is income to investors and how does it differ from income to shareholders?

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