Yоu will be аsked tо аnswer оne of two extrа credit bonus questions that are required short and adequate answers which are part of the 10% bonus. Some example questions and instructions are shown below. Instructions: Answer one of the questions below, ONlY one will be graded, If you answer both questions only the first question will be graded. Be sure you answer all emements of the question, if there is more than one part. Question 1: Briefly explain: a) why we study accounting? b) what is is relevance to business and to you as an MBA student. Questions 2. Briefly explain: a) What did you learn about external financial statements based on our speaker's presentation during our first in class session? b) how did his presentation inform and integrate the with the financial topics we have covered to date. Question 3. What is Net Realizable Value (NRV) for Accounts Receivable that is shown on the financial statements? Identify all components, what each component means and why NRV is important to readers of external financial statements. Be sure to include impacts on both the balance sheet and income statement. Question 4. What is Net Book Value (NBV) for an asset account, such as Buidling that is shown on the financial statements? Identify all components, what each component means and why NBV is important to readers of external financial statements. Be sure to include impacts on both the balance sheet and income statement.