The finance department should work independently without input from other departments because there may be significant biases when creating pro forma financial statements.

Question

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The finance department should work collaboratively with other departments to ensure that pro forma financial statements are accurate and representative of the entire organization. By working with other departments, the finance team can gain valuable insight into future revenue and expense projections, as well as any potential risks or opportunities that may affect the organization's financial performance. This collaborative approach can help to minimize biases and ensure that pro forma financial statements are based on sound assumptions and comprehensive data.

The Finance Department Should Work Independently Without Input from Other