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It is primarily a source of information to the management to help in decision making, so its purpose is:
- To give information about a company’s activity, progress, plans and problems.
- To record events for future reference.
- To recommend specific action.
- To justify and persuade readers about the need for action in controversial situations.
- To present facts to the management to help decide the direction the business should choose.
francis1897 answered the question on March 15, 2023 at 12:16
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