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What are the steps in preparing pro forma financial statements?
Local Situation
The specific conditions and characteristics of a particular place or area, often considering social, economic, or environmental aspects.
Technological Developments
Advances in technology that lead to new products, processes, or improvements in existing products or operations.
Market Trends
The general direction in which the market moves, influenced by factors like consumer behavior, technological advancements, and economic conditions.
Organisational Culture
The set of shared attitudes, values, goals, and practices that characterizes an institution or organization.
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