If insurance companies have low perctange income from premium income and high % in other investments income, it provides diversity but does it reduce or increase variability of income? My understanding is that it is a double edged sword: High Variability due ...

Aggregate Accruals = NI – (CFO + CFI) The part NI – CFO is clear to me to get the accruals but why is CFI also subtracted from NI?