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Evaluate the concepts of budget, estimates ( forecasting ) and proforma financial statements.You must use the following premises and guiding questions:Why do you think that
Evaluate the concepts of budget, estimates forecasting and proforma financial statements.You must use the following premises and guiding questions:Why do you think that the analysis scenario helps management to assimilate the possible negative scenarios that companies may face in the future?What data are necessary to be able to create "proforma" financial statements and how do companies use them to recreate the scenarios they want to project?
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