Financial intelligence contributes to effective decision making in a business by providing a clear understanding of the financial status of the business. It allows business leaders to make informed decisions based on accurate financial data. This can include decisions about investments, budgeting, cost-cutting, and revenue generation. Financial intelligence also helps in identifying trends, analyzing performance, and predicting future financial scenarios, all of which are crucial for strategic planning and business growth.
Financial statements do not always tell the entire story about a company. Accounting methods and fi...
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