Solved

The Advantage of the Percent of Sales Method of Creating

Question 30

Multiple Choice

The advantage of the Percent of Sales Method of creating pro forma statements is in its ability to


A) Accommodate changing relationships between expenses and revenue
B) Be created with ease and speed
C) Model actual changes in the competitive environment
D) Provide projections reflecting major shareholder beliefs and aims
E) Reliably bring to management's attention key financing issues

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