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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

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 a cash flow forecast important for managers, and how does it tie in with other financial statements?

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