The pro forma financial statement should include at least three scenarios of your financial forecast,each containing an income statement,balance sheet,and ______.
A)sales statement
B)capitol stock
C)cash flow statement
D)accrued expenses

Question

Quizplus · Accepted Answer

The pro forma financial statement should include an income statement, balance sheet, and cash flow statement. The cash flow statement is important for showing the movement of cash in and out of the company. Including different scenarios in the financial forecast helps to plan for different outcomes and prepare for potential challenges. The other options listed (sales statement, capital stock, and accrued expenses) may be important financial components but do not necessarily need to be included in the pro forma financial statement.

The Pro Forma Financial Statement Should Include at Least Three