The primary difference between the Proformas and annual reports is:  a. Proformas report on product information; annual reports report on financial data. b. Proformas are projections of results for the upcoming year; annual reports are  results from the previous year.
c. Proformas are results from the previous year; annual reports are projections of results for the upcoming year.
d. Proformas report on financial data; annual reports report on product data. e. None of the above.

1 Answer

Answer :

b. Proformas are projections of results for the upcoming year; annual reports are  results from the previous year.

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