The generation of cash budgets and and pro forma financial statements are equivalent ways of forecasting financial needs.

Name: The generation of cash budgets and and pro forma financial statements are equivalent ways of forecasting financial needs.
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Question

Quizplus · Accepted Answer

Cash budgets and pro forma financial statements both involve projecting future financial needs and can be used as tools to forecast financial needs for a business.

The Generation of Cash Budgets and And Pro Forma Financial