Question: Compared to pro forma linancial statements, cash flow forecasts are q , useful than pro forma financial statements because more; they consistently overstate the amount

Compared to pro forma linancial statements, cash flow forecasts are q, useful than pro forma financial statements because
more; they consistently overstate the amount of external financing required, which reduces the chances of banknuptcy.
more; they provide information that is useful for evaluating the company's ability to raise the external financing required.
less; they consistently understate the amount of external financing required, which increases the chances of bankruptcy.
Compared to pro forma linancial statements, cash

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