Final answer:
Businesses utilize budgeting, cash flow statements, and income statements to achieve their financial goals.
Explanation:
Budgeting is the tool used by businesses to meet financial goals by planning and allocating resources effectively. Businesses create a detailed cash flow statement to understand how cash is received and used, helping in financial decision-making. The income statement presents revenues, expenses, and changes in net assets over a specific period, aiding businesses in assessing their financial performance.
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