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Health Medical Homework Help. HCA 312 UAGC Week 4 Purpose of Financial Statements Discussion

It is important for non-financial managers to be able to identify financial statements and understand their purpose. For your initial response, you will need to discuss the following:

  • Name the four basic financial statements.
  • Choose one of the four and evaluate its purpose for the organization, including its role in the budgeting process.
  • Explain what type of information can be derived from each statement.
  • Describe the major purpose of financial statements.

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