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    Management Fundamentals Concepts Applications
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    Exam 14: Managing Control Systems, finances, and People
  5. Question
    The Difference Between Pro Forma Statements and Financial Statements Is
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The Difference Between Pro Forma Statements and Financial Statements Is

Question 7

Question 7

True/False

The difference between pro forma statements and financial statements is that pro forma statements report past results while the financial statements project future results.

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