There are two primary tools used to forecast and set in action a compa

There are two primary tools used to forecast and set in action a company plan. Which of the tools below is one of these?

A) Statements of retained earnings
B) Profit budgets
C) Income statements
D) Pro forma statements

 

 

ANSWER

Answer: D
Explanation: D) Two of the primary tools used to forecast and set in action a company plan are cash forecasts and pro forma statements.

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