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please answer in 1hr thankyou QUESTION 3.4 a Why is it important to identify and prioritise significant issues and to include comparative financial performances in

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please answer in 1hr thankyou

QUESTION 3.4 a Why is it important to identify and prioritise significant issues and to include comparative financial performances in reports? Ideal Answer: 1. To ensure that significant issues are addressed in a timely manner 2. What do we mean by comparative financial performance and can we cite samples of such? 3. Revisit or read concept of horizontal analysis of financial statements

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