Which of the following serve as a basis for key management decisions?

Question

Quizplus · Accepted Answer

Pro forma financial statements provide key information on expected revenues, expenses, and profits, which are essential for making key management decisions. Cash budgets and budgeted cost of production sheets provide important financial information, but are more specific in scope and may not capture the full breadth of key management decisions. Sales budgets are also important, but they are more focused on forecasting sales and may not provide as much insight into the overall financial health of the business.

Which of the Following Serve as a Basis for Key