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What Is the Main Purpose of Financial Analysis and What

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What is the main purpose of financial analysis and what does it identify?


Definitions:

Actor-Observer Bias

The tendency to attribute one's own actions to external causes while attributing others' actions to their internal characteristics.

External Attribution

The process of attributing the cause of an individual's behavior to external factors, such as the environment or situational circumstances.

Aggressive Behaviour

Actions intended to cause harm or discomfort to another person, either physically or psychologically.

Defensive Attribution

A cognitive bias in which individuals attribute causes for behaviors or events to external factors to protect their self-esteem.

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