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1.) What is a financial planners purpose in creating a clients budget? Discuss the eight approaches to financial planning analysis. 2.) What is the purpose

1.) What is a financial planners purpose in creating a clients budget? Discuss the eight approaches to financial planning analysis.

2.) What is the purpose of the cash flow statement and highlight the usefulness of the cash flow approach to financial planning?

3.) Discuss the difference between income and savings contribution categories on the income statement.

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