A pro forma financial statement is one that:Answera.is expressed as a
QUESTION
A pro forma financial statement is one that:Answera.is expressed as a percentage of the total sales of the firmb.projects future years operationsc.reflects the past and current operations of the firmd.is expressed relative to a chosen base years financial statement
A pro forma financial statement is one that: Answer a. is expressed as a percentage of the total sales of the firm As it is not only about total sales of the firm It deal with many other aspects b. projects future years operations It not deal with future operations its only limit to financial years operations c. reflects the past and current operations of
the firm This is the correct option as it deal with present financial years operations d. is expressed relative to a chosen base years financial statement is expressed relative to a chosen not base.(current) years financial statement
ANSWER:
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