Which One of the Following Is Not an Output of a Financial

question 37

Multiple Choice

Which one of the following is not an output of a financial plan?

• A) Financial ratios
• B) Pro forma statements
• C) Sources and uses of cash statement
• D) Sales forecasts

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Definitions:

Cash Payments Journal

An accounting ledger that tracks all cash outflows or payments made by a business.

Revenue Journal

A specialized accounting journal used to record all sales transactions of a business, tracking the inflow of revenue.

Adjusting Journal Entries

Entries made in accounting records at the end of an accounting period to allocate income and expenditures to the correct period.

Special Journal

A specialized accounting journal designated for the recording of specific types of transactions, such as sales or purchases, to increase efficiency and organization.