When a Practitioner Examines Projected Financial Statements,the Practitioner's Report Should

question 37

Multiple Choice

When a practitioner examines projected financial statements,the practitioner's report should include a separate paragraph that:

• A)Describes the limitations on the usefulness of the presentation.
• B)Provides an explanation of the differences between an examination and a review.
• C)States that the accountant is responsible for events and circumstances for a period not exceeding one year after the report's date.
• D)Disclaims an opinion on whether the assumptions provide a reasonable basis for the projection.

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