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Professor Stephen Penman describes the role of Financial Statements as: (a) A lens on the business (b) Facilitating communication with Stakeholders (c) An effective valuation

Professor Stephen Penman describes the role of Financial Statements as:

(a) A lens on the business

(b) Facilitating communication with Stakeholders

(c) An effective valuation tool

(d) A basis for the calculation of corporation taxes Which one of the above list is most correct?

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