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. . “ Try. Ontario M. pastry of Municipal Affairs l and Housing Financial Statement Auditor's Report (Question on the Ballot) Form 8 Municipal Elections Act, 1996 (Sections 78, 82.1 (1)) Instructions:
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The financial statement question is on the financial position, performance, and cash flows of a company.
All companies, including corporations, partnerships, and sole proprietorships, are required to file financial statements.
Financial statements must be prepared following accounting principles and standards, including balance sheets, income statements, and cash flow statements.
The purpose of financial statements is to provide stakeholders with information about the financial health and performance of a company.
Financial statements should include details on assets, liabilities, equity, revenue, expenses, and cash flows.
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