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How many of the following statements about financial forecasts are correct? Forecasts: A. Are based on assumptions that are expected to exist B. Reflect actions
How many of the following statements about financial forecasts are correct? Forecasts:
A. Are based on assumptions that are expected to exist
B. Reflect actions that are expected to occur
C. Are based on different sets of hypothetical assumptions
D. Reflect actions that might occur, based on such hypothetical assumptions
E. Are considered to be prospective financial statements
F. A & B
G. A, B & E
H. C & D
I. C, D & E
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