Which financial records does a manager use to control incom and expenses?

A manager typically uses financial records such as income statements, balance sheets, and cash flow statements to control income and expenses. The income statement provides a summary of revenues and expenses over a specific period, allowing managers to assess profitability. The balance sheet offers insights into assets, liabilities, and equity, while the cash flow statement highlights cash inflows and outflows, helping managers monitor liquidity and operational efficiency. Together, these records enable effective financial oversight and decision-making.