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    Contemporary Financial Management Study Set 1
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    Exam 4: Financial Planning and Forecasting
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    Pro Forma Financial Statements Display the Financial Situation of a Firm
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Pro Forma Financial Statements Display the Financial Situation of a Firm

Question 38

Question 38

Multiple Choice

Pro forma financial statements display the financial situation of a firm based on:


A) an actual event.
B) an assumed event.
C) a catastrophic event that recently happened to the firm.
D) the firm's worst sales year.

Correct Answer:

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