Which statements are included in the main financial statements used in financial management?

The primary financial statements utilized in financial management are the income statement, balance sheet, and cash flow statement. Each of these plays a crucial role in providing a comprehensive view of a company's financial health.

The income statement outlines the company's revenues, expenses, and profitability over a specific period, highlighting how much money the company made or lost. This statement is essential for assessing operational performance and making decisions regarding future business strategies.

The balance sheet presents a snapshot of the company's financial position at a specific point in time, detailing assets, liabilities, and equity. This information helps stakeholders evaluate the company's financial stability and capital structure, indicating its ability to meet short-term and long-term obligations.

The cash flow statement tracks the inflow and outflow of cash within the organization, categorized into operating, investing, and financing activities. This statement is vital for understanding how the company generates cash and manages liquidity, enabling effective cash management and planning for future expenditures.

In contrast, the other options include documents that, while important for financial analysis and planning, do not constitute the primary financial statements recognized in standard financial management practices. Budget reports, forecasts, performance reports, and other records serve specific purposes but do not replace the foundational importance of the main financial statements.