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The financial and accounting statements provide the information needed to measure the projected success of the business plan. The recipient of the business plan will

The financial and accounting statements provide the information needed to measure the projected success of the business plan. The recipient of the business plan will want to have an understanding of this information in assessing the performance of the proposed business plan. The two questions to answer are the following:

  1. What information will be needed to develop the accounting and financial statements.
  2. What information is needed to explain the importance of these statements to the other business functions.

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