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    Fundamental Managerial Accounting Concepts Study Set 1
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    Exam 7: Planning for Profit and Cost Control
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    With Regards to Financial Statements,"pro Forma" Means
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With Regards to Financial Statements,"pro Forma" Means

Question 31

Question 31

Multiple Choice

With regards to financial statements,"pro forma" means:


A) Budgeted.
B) Prepared in advance.
C) Financial condition or position that can be expected if planning assumptions prove correct.
D) All of the answers are correct.

Correct Answer:

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