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What is the importance of statistics in financial Operation?

Financial Operations
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Question added by PARESH KUMAR DAS , Accounts Officer , BRAC
Date Posted: 2013/10/30
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Mohammed Zuberuddin
by Mohammed Zuberuddin , Senior Software Engineer / Assistant Manager , BA Continuum India PVT. LTD

Statistics allows the senior management to take the decision based on the financial data collected over a period of time. It also allows the managed to keep a track of projected vs actual financial targets.

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