Chapter 1.1, Problem 1CC

Explain three purposes or objectives of Financial Analysis.

In five sentence define the following 1. Financial Planning  2. Financial Forecasting

Differentiate between finance planning and management planning with proper example. Explain in details.

Importance of having a financial plan.

Describe five internal users of financial information and their information needs

Discuss four reasons for a policy statement in Financial Investment.

Discuss the role that investing plays in the personal financial planning process and identify seven different investment objectives.

Define financial data.

Define Financial reporting.