Explain the three steps of financial analysis at the


1. Explain the three steps of 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 these classifications.

3. For the statement of operations, list the main classifications and the possible categories under the classifications.

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

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

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Financial Management: Explain the three steps of financial analysis at the
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