Financial Statement Analysis Fundamentals

To interpret financial information (correct)

To compare industry standards

To forecast future economic conditions

To prepare financial statements

It does not involve analyzing past performance

It is used only by investors

It is essential for stakeholders like creditors and regulators (correct)

It involves examining only the balance sheet

Customer relationship management

Trend analysis and ratio analysis (correct)

Budgeting and forecasting

Inventory management and procurement

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