Useful purposes of pro forma financing except

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Reference no: EM131087811

All of the following are useful purposes of pro forma financing except?

A-They satisfy the SEC requirement for audited financial disclosure

B-They serve as a benchmark to compare actual results to planned activities

C-They provide a useful tool for analyzing the effects of a firm's forecasts on its financial performance

D-They can be used to control or monitor a firm's progress for a planning period

Reference no: EM131087811

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