An accountant's compilation report on a financial forecast should include a statement that the a. Compilation does

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An accountant's compilation report on a financial forecast should include a statement that the

a. Compilation does not include evaluation of the support of the assumptions underlying the forecast.

b. Hypothetical assumptions used in the forecast are reasonable.

c. Range of assumptions selected is one in which one end of the range is less likely to occur than the other.

d. Prospective statements are limited to presenting, in the form of a forecast, information that is the accountant's representation.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 09:03 AM

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An accountant's compilation report on a financial forecast should include a statement that the a. Compilation does

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The correct answer is a Compilation does not include evaluation of the s...View the full answer

Auditing An Assertions Approach

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