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Which of the following is a true statement? Multiple Choice C ) Companies usually prepare...

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Accounting

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Which of the following is a true statement? Multiple Choice C ) Companies usually prepare a pro forma income statement, pro forma balance sheet, and pro forma statement of cash flows. Pro forma financial statements are based on the company's budgets. O O All of the answers are correct. Companies prepare pro forma financial statements to show how their performance for the period will look factual results match the budget O

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