Which of the following statements may be the most important in new venture creation?
A)the pro forma balance sheet
B)the income statement
C)the cash flow statement
D)the profit statement

Question

Quizplus · Accepted Answer

The cash flow statement is the most important statement in new venture creation because it shows how much cash is being received and spent by the business. It helps entrepreneurs to identify potential cash shortages and plan accordingly. The pro forma balance sheet, income statement, and profit statement are also important, but they provide information about the company's financial position and performance rather than its cash flow.

Which of the Following Statements May Be the Most Important