Week One Class Activity1. Clarify how the analysis course of provides worth to the companies provided by an accounting agency.2. What penalties are thought of within the standard-setting course of?three. Clarify the significance of figuring out key phrases when figuring out related information and points.four. Clarify the 5 fundamental steps concerned within the analysis course of.5. Talk about how analysis can assist or refute a biased various.6. Clarify what is supposed by downside distillation and its significance within the analysis course of.7. What expertise are vital and examined on the CPA examination?