Question: Financial statement are the primary source and data information in understanding what happened to the firm's operation and financial position that are reported in the

Financial statement are the primary source and data information in understanding

Financial statement are the primary source and data information in understanding what happened to the firm's operation and financial position that are reported in the various forms, and also represent a historical record of the firm's financial development. In additon, financial statement as a guidance for them (ownerlemployee/creditors/investors etc which related) to make decision. a) Justify FOUR (4) main focus of financial statement report with related example of business activities

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