reply with at least 200 words to each question 1,Why is it important to project the first-year financial performance on a monthly basis and the subsequent yearly budgets, on a quarterly basis? Explain

reply with at least 200 words to each question

1,Why is it important to project the first-year financial performance on a monthly basis and the subsequent yearly budgets, on a quarterly basis? Explain.

2.How do you plan to use financial statements in your projected financial statement analysis? Provide rationale for your approach.