Amounts from all of the following budgets feed into the pro-forma income statement except the:

Question

Quizplus · Accepted Answer

The cash budget does not feed into the pro-forma income statement directly. It is primarily concerned with cash flows in and out of the business, rather than with revenues, expenses, and profits, which are the focus of the pro-forma income statement. The other options (B, C, D) directly relate to the calculation of costs of goods sold and revenues, which are integral to the pro-forma income statement.

Amounts from All of the Following Budgets Feed into the Pro-Forma