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20. A pro-forma financial statement means the financial statement is in proper GAAP format. O used primarily by outside investors and creditors. a projected
20. A "pro-forma" financial statement means the financial statement is in proper GAAP format. O used primarily by outside investors and creditors. a projected financial statement. based on historical information. prepared by professional CPA's in correct format.
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ANS OPTION C IS CORRECT EXPLANATION A pro forma financial statemen...
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Business Law The Ethical Global and E-Commerce Environment
Authors: Jane Mallor, James Barnes, Thomas Bowers, Arlen Langvardt
15th edition
978-0073524986, 73524980, 978-0071317658
