When an Accountant Examines Projected Financial Statements, the Accountant's Report

Multiple Choice

When an accountant examines projected financial statements, the accountant'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 an audit. Provides an Explanation: of the differences between an examination and an audit.
C) States that the accountant is responsible for events and circumstances up to one year after the report's date.
D) Disclaims an opinion on whether the assumptions provide a reasonable basis for the projection.