The Main Difference Between Pro Forma Statements and Actual Statements

question 93

Multiple Choice

The main difference between pro forma statements and actual statements is that pro forma statements__________.

• A)report past results
• B)project future results
• C)formalize financial data for easy comparison
• D)combine past and future results

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Definitions:

Phalanges

The bones that make up the fingers of the hand and the toes of the foot, with each finger and toe having three phalanges, except for the thumb and big toe, which have two.

Femur

The thigh bone, which is the longest, largest, and strongest bone in the human body.

Obturator Foramen

A large opening in the hip bone through which nerves and blood vessels pass.

Fovea Capitis

The Fovea Capitis is a small, central pit on the head of the femur, where the ligament of the head of the femur attaches.