________ are another term for forecasted financial statements.

Question

Quizplus · Accepted Answer

Pro forma statements refer to the projected financial statements, commonly used for budgeting and forecasting purposes. Strategic plans are broader in scope and focus on overall business objectives rather than financial projections. Capital budgets are specific to planned investments in long-term assets, and continuous budgets are an ongoing process of budgeting and forecasting.

________ Are Another Term for Forecasted Financial Statements