The following questions concern engagements other than the audit of financial statements performed by accountants. Choose the best response. 

a. Which of the following is a prospective financial statement for general use upon which an accountant may appropriately report? 

(1) Financial projection 

(2) Partial presentation 

(3) Pro forma financial statement 

(4) Financial forecast 

b. Which of the following procedures would most likely be performed during an engagement to compile the financial statements of a nonissuer? 

(1) Read the financial statements and consider whether they are appropriate in form and free from obvious material errors 

(2) Perform inquiry and analytical procedures 

(3) Obtain a representation letter from management 

(4) Send accounts receivable confirmations 

c. Which of the following procedures would most likely be performed during the engagement to review the annual financial statements of a nonissuer? 

(1) Observation of inventory 

(2) Confirmation of notes receivable 

(3) Communication with the predecessor accountant 

(4) Comparison of the current financial statements with prior period financial statements