Financial statements are business documents that are used to communicate information needed to make business decisions.

Name: Financial statements are business documents that are used to communicate information needed to make business decisions.
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Question

Quizplus · Accepted Answer

Financial statements, such as balance sheets, income statements, and cash flow statements, provide information about a company's financial performance and position, which can inform decision-making by investors, creditors, and other stakeholders.

Financial Statements Are Business Documents That Are Used to Communicate