A Report on an Examination of a Forecast with an Unqualified

question 95

Multiple Choice

A report on an examination of a forecast with an unqualified opinion would not address which of the following?

• A)The prospective results may not be achieved.
• B)The CPA assumes no responsibility to update the report for events and circumstances occurring after the date of the report.
• C)The fact that the examination was conducted in accordance with attestation standards established by the AICPA.
• D)The auditor's opinion on the adequacy of the company's internal controls.

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Definitions:

Shocks

Sudden, unexpected events or disturbances that can cause significant changes or adverse effects in a system or organism.

Shock Plate

A device typically used in experimental research to deliver a shock to an animal subject as a form of aversive stimulus.

Obeyed

The action of following the commands, restrictions, or wishes of someone or something with authority.

Milgram Shock Experiment

An experimental social psychology study by Stanley Milgram measuring the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.