Is it possible for the cash budget and the pro forma income, Ask an Expert

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Is it possible for the cash budget and the pro forma income statement to have different results?

A. yes, because revenues and expenses included in each statement are different

B. yes, because revenues and expenses are accounted for over different time periods

C. no, because they contain the same variables, while just using different formats

D. no, because the cash budget and the pro forma income statement provide forecasts for the same time period

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91620131

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