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Financial statements are the main component of a company's annual report that provides quantitative data...

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Accounting

Financial statements are the main component of a company's annual report that provides

quantitative data to users of financial reports.

1.Distinguish between financial statements and annual report.

1.2.Explain the importance of notes to the accounts that form part of the financial statements.

1.3 Cash Flow Statement is one of the main financial statements provided to users. Explain the importance of cash flow information to internal users in making decision.

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