Which of the following is not considered a pro forma financial statement?
A) Sales budget
B) Balance sheet
C) Cash flow statement
D) Income statement

Question

Quizplus · Accepted Answer

A sales budget is not considered a pro forma financial statement because it is focused solely on projected sales revenues and does not provide a comprehensive overview of the company's financial position and performance. Pro forma financial statements typically include a balance sheet, income statement, and cash flow statement that are based on estimates and assumptions about future operations.

Which of the Following Is Not Considered a Pro Forma