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Business strategy
How financial statements helps in good business decision making.
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[QUOTE="Axis, post: 343740, member: 66672"] A financial statements or a financial record of a particular business organization is absolutely an important record on documents which every business owner must possess as it can help him or her to come up and two carry out good business decisions. In every aspect of business, a business owner or manager may always want to make decisions possibly decisions that affect the business accounting system, or decisions that affect the business pricing and product system, or decisions that affects the business training and handling of personnels. In order to make quick and inform judgment or decision on matters like this the business owner must make sure to consider its financial statements which of course include: statement of financial position statement of profit and loss statement of cash flows and statement of consolidated accounts (if any). [/QUOTE]
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