asked 54.2k views
5 votes
The purpose of pro-forma financial statements is so that cash is never left short and a financial outlook of the firm is created and analyzed.

a. True
b. False

asked
User Josmith
by
8.5k points

1 Answer

4 votes
The answer is true because they need to asses the cash so that they will know whether the cash is enough or is as its shortest and so that the financial outlook of the firm is also created and are being analyzed because it is important as this will be beneficial for them.
answered
User Hagen Von Eitzen
by
8.1k points
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