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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
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. When responding to your peers discuss at least one safeguard that could be used to avoid incorrect calculation and and additional effect incorrect calculations may have or a method you could use to remediate the effect.
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