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.
Place an order in 3 easy steps. Takes less than 5 mins.