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Name the four basic financial statements

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Reference no: EM133205862

For non-financial managers to be able to identify financial statements and understand their purpose, discuss the following:

1. Name the four basic financial statements.

2. Choose one of the four and evaluate its purpose for the organization, including its role in the budgeting process.

3. Explain what type of information can be derived from each statement.

4. Describe the major purpose of financial statements.

Reference no: EM133205862

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