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Required financial statements for businesses are: Income Statement, Balance and Statement of Cash Flows. A Statement of Cash Flows is very complicated to prepare and

Required financial statements for businesses are: Income Statement, Balance and Statement of Cash Flows. A Statement of Cash Flows is very complicated to prepare and to analyze, but it basically details how cash comes IN and OUT of a company. Describe some techniques you use in your daily lives/jobs to ensure that cash flow is controlled and understood by you.

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