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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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