Question

Corporate financial management uses financial statement analysis for which of the following purposes?

a.

Strategic decision making

b.

Financial risk analysis

c.

Financial planning

d.

All of the above

Posted under IC 89 Management Accounting

Answer: (d).All of the above Explanation:Corporate financial management uses financial statement analysis for various purposes. Financial statement analysis helps in making strategic decisions related to the overall direction and goals of the organization. It is used to assess and manage financial risks associated with investment decisions, capital budgeting, working capital planning, cash management, and budgetary control. Financial statement analysis plays a crucial role in financial planning, including strategic planning, functional policies, structural plans, and operational plans to achieve organizational goals.

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Q. Corporate financial management uses financial statement analysis for which of the following purposes?
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