The most common approach to developing pro forma financial statements is called the cash budget method. financial planning method. seasonality approach. percent-of-sales method. market-oriented approach. None of the options are correct.

The correct answer is letter "D": percent-of-sales method.

Explanation:

The percentage-of-sales method is the fastest approach to develop a budget based on the financial statements. Expenses are compared to the net sales as percentages to be applied in the sales level for the budgeted period. However, to compare expenses to the items in the budget, the expense must be correlated to the item causing an issue because fixed expenses cannot be linked with sales, for instance.

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

the answer is b. the events might happen and are based on crimes.