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1. What does overall accounting focus on financial performance.
Answer: The impact a business's activities overall financial performance.
2. Which report summarises cash collecttions and cash expenditures from operating, investing, and financing activities over a period of time.
Answer: statement of cash flows
3. Which body regulates a certified public accounting firm's audit ptractices when the firm is auditing a large publicly traded company
Answer: The Public Company Accounting Oversight Board (PCAOB)
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