Question: 1 . How would you explain the three steps in financial analysis at the organizational level? 2 . What is the purpose of creating a

1 .

How would you explain the three steps in financial analysis at the organizational level?

2 .

What is the purpose of creating a balance sheet? List the three general classifications of the balance sheet and possible categories under the classifications.

3 .

What is the purpose of the statement of operations? List the main classifications and the possible categories under the classifications.

4 .

What types of organizations use the statement in net assets, and why.

5 .

What is the statement of cash flows? The statement is divided into three segments, list each category.

6 .

What are the four classifications of ratios on which the financial statement analysis focuses?

7 .

What are the operating indicators used to analyze the financial performance of an organization?

8 .

What must an annual report include to be considered a good report?

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