Explain the importance of financial statements in relation to reporting organizational performance, how such financial statements link together, and the information that they provide for managers. Additionally, explain the process of master budgeting and the components contained within them. Why is cash flow forecast important for managers, and how does it tie in with other financial statements?
The question belongs to Finance and it discusses about the importance of financial statements in relation to reporting organizational performance and how such financial statements can be linked together and information to managers can be provided.
Total Word Count 622
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