Explain the process shown in the figure below.
Definitions:
Major Investment Decisions
Critical financial choices made by businesses regarding large-scale expenditures on assets or projects expected to generate long-term benefits.
Financial Forecasts
Estimates or predictions about future financial performance, including revenue, expenses, cash flow, and economic conditions impacting a business.
Planning And Preparing Tax
The process of strategizing and compiling all necessary documents and information for accurate tax filing and compliance.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations to finance their immediate operational needs.
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