Hamell Corporation Is Making a Presentation to a Perspective Investor

question 7

Multiple Choice

Hamell Corporation is making a presentation to a perspective investor.The presentation includes a projection showing that the company's sales will be between $25,000,000 and $27,000,000 within the next three years.Hamell believes the information will be better received if its CPA provides an attestation report on the projection.The CPA should insure that proper disclosure is made to indicate that

• A)the $27,000,000 estimate is a best case scenario.
• B)the range of the projection is appropriate given the circumstances.
• C)the range does not indicate a "best" and "worst" case scenario.
• D)projections are limited in their information content due to uncontrollable changes in the business environment.

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Definitions:

Main Points

The most important or central ideas being conveyed in a speech, presentation, or piece of writing.

Organizational Pattern

A structured arrangement of information in a piece of writing or speech, used to enhance clarity and comprehension.

Who

A question word used to inquire about the identity or nature of a person or people.

Sincere Apology

A genuine expression of remorse for actions or words that have caused harm or offense to others.