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Enumerate information needs of management.
Category : Accounting | Answer: 1 4 Months Ago

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Management needs information for business planning Preparing reports related to funds, costs and profits to ascertain the soundness of the business. Further management compares its financial statements with its own historical financial statements to access growth, improvement in margin and to access performance. Management also compares current financial statements with its peers / similar firms to check the operational efficiency of the business.
4 Months Ago
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