A pro forma statement sets out the financial predictions of a company on an "as if" basis—that is, it projects future performance based on a set of operating and sales facts
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: A pro forma statement sets out the financial predictions of a company on an "as if" basis–that is, it projects future performance based on a set of operating and sales ASSUMPTIONS.
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A manager can improve ROI by doing which of the following?
a. Decreasing assets b. Increasing sales c. Decreasing costs d. All of these choices
An activity-based budgetary approach can be used to emphasize cost increases through the reduction of wasteful activities and improving the efficiency of necessary activities
Indicate whether the statement is true or false
Which recent legislation is causing big problems for HR and HR Technology?
a. Patient Protection and Affordable Care Act (i.e., Obamacare) b. Sarbanes-Oxley c. Americans with Disabilities Act (ADA) d. Family Medical Leave Act (FMLA)
When a provision in a contract is unclear by accident, it is a case of A)vagueness
B)mistake. C)ambiguity. D)condition.