Question: 1) In using a systems approach to financial planning, it is necessary to develop a 2 Points pro forma income statement. cash budget. production plan.


1) In using a systems approach to financial planning, it is necessary to develop a 2 Points pro forma income statement. cash budget. production plan. All of the options are true. 2) The key initial element in developing all pro forma statements is 2 Points a collections schedule. a cash budget. an income statement. a sales forecast
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