________ are projected financial statements.

Question

Quizplus · Accepted Answer

Pro forma statements are a type of projected financial statement that forecast future performance based on historical data and assumptions about future events. Statements of retained earnings only show changes in a company's retained earnings account, Cash budgets are projections of expected cash inflows and outflows, and Cash flow statements show the movement of cash into and out of a business over a specific period.

________ Are Projected Financial Statements