Discuss an assumption made when compiling a cash budget or pro forma financial statements. Be sure to
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Question:
Discuss an assumption made when compiling a cash budget or pro forma financial statements. Be sure to include how that assumption may be calculated incorrectly and the effect it may have on the firm.
*Please show an example as well as given formula so oneself can determine future assumptions in the future.
Related Book For
Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
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