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What information is provided by the balance sheet

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Reference no: EM132172211

1. Explain what information is provided by the balance sheet and its value. What are the other financial statements?

2. What should a projected balance sheet include in its liabilities section?

3. Explain how an organization determines if it is spending too much on risk? At what point does managing risk become wasteful? Justify your opinions with a specific example.

Reference no: EM132172211

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