Whatdoesaccountingfocuson(answer)Theimpactabusiness'sactivitieshave
on itsoverallfinancialperformance
• Whichreportsummarizescashcollectionsandcashexpendituresfromoper
ating, investing, and financing activities over a
periodoftime(answer)State-mentofcashflows
• Whichuserswouldhaveaprimaryconcernwithanorganization'sabilitytopro
videhealthcarebenefits(answer)Employees
• Which body regulates a certified public accounting firm's audit
practiceswhenthefirmisauditingalargepubliclytradedcompany(answer)TheP
ublicCom-panyAccountingOversightBoard(PCAOB)
• What has had the most significant impact on
accountingpractices(answer)Infor-mationtechnology
• Whattwoitemsofinformationarerevealedonthebalancesheet?
Choose2answers:Ownership.D
ebt
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