•
FINANCIAL STATEMENTS
• UGC NET COMMERCE/MANAGEMENT
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ACCOUNTING FOR MANAGEMENT DECISIONS
•
DR SHASHI AGAGRWAL
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MEANING AND DEFINITIONS
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MAY REFER TO ANY FORMAL AND ORIGINAL STATEMENTS WHICH DISCLOSE FINANCIAL
INFORMATION TO ANY BUSINESS CONCERN. OUTCOME OF SUMMARISING PROCESS OF
ACCOUNTING. ALSO CALLED FINANCIAL REPORTS
• THE FINANCIAL STATEMENTS ARE PREPARED ON THE BASIS OF RECORDED FACTS.
