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Financial statements are important in order to: Financial statements are important in order to: Identify, measure, record and communicate, in dollar terms, the economic events
Financial statements are important in order to:
Financial statements are important in order to:
Identify, measure, record and communicate, in dollar terms, the economic events and status of an organization
Serve as a control mechanism for budgeting
Provide detailed financial information for control at the department level
Provide staffing guidelines to human resources managers
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