Which of the following statements regarding the use of pro formas is correct?
A) You should base your decision on the sales and expense projections that are the most likely to occur.
B) You should base your decisions using the most optimistic sales and the most pessimistic expense projections.
C) You should base your decision using projections based on the most pessimistic scenario in order to be safe.
D) You should base your decision using projections based on the most optimistic scenario, or you are likely to miss some exceptional opportunities.
Correct Answer:
Verified
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