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all of the following are useful purposes of pro forma financial statements except a) they can be used to control, or monitor a firm's progress
all of the following are useful purposes of pro forma financial statements except
a) they can be used to control, or monitor a firm's progress for a planning period
b) they provide a useful tool for analyzing the effects of the firm's forecast on its financial performance
c) they satisfy the SEC requirements for audited financial disclosure
d) they serve as a benchmark to compare actual results to planned activities
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