Final answer:
Projected future financial statements are tentative statements about reality.
Step-by-step explanation:
The correct answer is c. tentative statements about reality.
Projected future financial statements are not yet proven to be true. They represent estimates and predictions of future financial performance based on assumptions and forecasts.
For example, a company may prepare projected financial statements to forecast its future revenue, expenses, and profitability. These projections help the company make informed decisions about its operations, investments, and financing.