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Which viewpoint was not considered in the development of the SOMPA?
Cash Flows
The net amount of cash and cash-equivalents being transferred into and out of a business.
Controller
A senior financial officer within a company responsible for overseeing accounting operations, financial reporting, and internal controls.
Operating Cycle
The duration of time from the purchase of inventory to the collection of receivables from the sale of that inventory, critical for managing cash flow.
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