Processing load of various Flash operations

Had a quick browse through the forums and could not find any particular thread relating to the following questions. Many apologies if this is a repeat. If such a question has been asked and answered before, it would be awesome if you could link it. Thanks heaps.

Question 1
Let’s say you dynamically add many movieclips to a container movieclip at various x/y positions (values range from -4000 - 4000). If you mask that container to only show a Stage area’s worth of added movieclips, how much processing load does it save on the Flash Player compared to if you wrote some kind of function to remove clips beyond the Stage’s boundary (and consequently add those clips that come in range)? This function would maybe consist of a few if statements within a few for loops. It’s somewhat difficult to tell how complex this custom function would be, but let’s say it was coded really well…

The idea is that you can move the container movieclip around (as if it was some kind of map).

Is Masking in Flash very efficient that one shouldn’t really bother with a custom function?

Question 2
Related to Question 1, is it more efficient to move around a huge movieclip (let’s say 2000x2000), compared to moving around a set of movieclips that equal the same area. For example, once again game related, tiling a map compared to just shoving a huge movieclip on the stage.

Question 3
How efficient is the hittest function in Flash? If I were to call it hundreds of times a second, will it noticeably slow down the Flash Player. Thousands?

Question 4
Is there some kind of estimate of how much graphic processing taxes the Flash Player in regards to every other kind of Flash operation. Or in other words, is graphic processing by far the dominant expense in any complex, pure flash related application (90%+)?

Edit:
**Question 5
**Is the processing load on the Flash Player significantly reduced if a png of a symbol is used instead of the vector-drawn version of the symbol?

Thanks so much for anyone who helps out. It is greatly appreciated!