C213 pre assessment qa - Study guides, Class notes & Summaries

What does accounting focus on - Answer- the impact a business activities have on its overall financial performance which report summarizes cash collections and caash expenditures from operating investing and financing activities over a period of time - Answer- statement of cashflow Which user would have a primary concern with an organizations ability to provide healthcare benefits - Answer- Employee Which benefit does a corporation gain by following generally accepted accounting princip...