Question 21 (1 point) Which of the following statements about financial projections is correct? a) Projections are based on assumptions that are expected to exist. b) Projections reflect actions that are expected to occur. c) Projections are based on different sets of hypothetical assumptions. d) Projections reflect actions that might occur, based on such hypothetical assumptions. e) Projections are considered to be prospective financial statements. Question 22 (1 point) Which of the following statements about financial projections is correct? a) Projections are different than forecasts. b) Projections are the same as forecasts. c) Projections are views into the future. d) Projections are retrospective. Question 23 (1 point) Which type of financial statement is often prepared to answer a "what-if