Exhibits and Review Problems are extremely important. The bulk of class time will be devoted to the solution, analysis and interpretation of assigned problems. Why means accounting theory, and How means accounting procedure employed with mathematical accuracy. In many ways it is similar to the study of math. To become proficient you must practice.
Homework is the opportunity to practice.
My responsibility in the course is to give alternative explanations to difficult material based on your questions and to expand on the why and how appropriate for problem solutions. Obviously, for you to receive maximum benefit from the class sessions you must be prepared at all times.