I'm not sure about your 1st question, but I know in most networks it's hard to know what actually sold.
Also when you join CJ, can you pick specific links to items from retailers? Sure if the merchant has product links you can pick any product to show and link to and you can change whenever you want.
"Also does being accepted into CJ depend on your sites performance? I mean will they deny you if you don't have a specific quota of traffic?"
I don't think CJ is very strict about reviewing sites. Not sure if they even do.
But after you get set up with CJ you have to apply to each merchant and some of them are pretty strict about traffic and about how targeted your site is. But there are also lots that are on auto approval and you instantly are approved. That seems like a good thing cuz it's easy for you, but actually can signify the program is not well managed.
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