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The Chief Financial Officer (CFO) of your Organization recalled that you should have completed the first Module of your Health Care Accounting Course. Having reviewed your syllabus, he believes that you must have acquired the competencies that would enable you to answer the following questions that he anticipates the participants at the upcoming Top Management Roundtable would ask him. Discuss the conceptual distinction between the accounting terms relating to equity and net assets. Critique the difference between cash and accrual accounting and discuss one significant advantage of accrual accounting over cash accounting. Evaluate the four methods of valuing assets and explain the strengths and weaknesses of each. Present your responses to the questions in a memo format to the CFO. Your Area Comptroller, Ms. Smith, informed you that the CFO will reward you graciously with 100 points towards your promotion and that those points will be allocated to each of the three areas of expectations above as follows: 25 points 25 points 50 points. To appropriately guide you so that you can take full advantage of the point incentives/reward system, Ms. Smith advised you to follow the company’s document titled “Paper Writing Rubric,” as the HR Director would use that document to score your memo. In addition to the Paper Writing Rubric, you are aware that the Organization always encourages you to feel free to contact other relevant materials that you may deem fit.Â