Discuss ways that pro forma financial statements might be used both internally and externally.
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Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Internally budgeted income statements are used to help plan estimated tax pa...View the full answer
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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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