Discuss importance of two basic types of financial statement

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Question - Controlling as A Management Function Discussion

Description - Controlling is the fourth management function, along with planning, organizing, and leading and its purpose are plain: to make sure that performance meets objectives. Control is making something happen the way it was planned to happen.

Financial controls are especially important for the organization, which include budgets, financial statements, and audits.

Discuss Controlling. Discuss the importance of two basic types of financial statements.

Reference no: EM133286353

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