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Topic: Business
Number of pages / Number of words: 6 / 1454
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It requires and up to date and meaningful financial information in order to make decisions on a daily basis. Since financial information is required and used at all levels, the management can decide what information is relevant for each level and hence filter the unnecessary flow of financial information...


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The questions arising by the management are: Is the company in the growing sector of the economy? What are its trends in terms of profitability, liquidity and investment? How does the board perceive the past performance of the company and how do they intend to change their strategy for the future? The profitability of a company is a major concern for the management as well as the stakeholders...


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