When an Accountant Compiles a Financial Forecast, the Accountant's Report

Multiple Choice

When an accountant compiles a financial forecast, the accountant's report should include a(an) :

A) Explanation: of the differences between a financial forecast and a financial projection. Explanation: of the differences between a financial forecast and a financial projection.
B) Caveat that the prospective results of the financial forecast may not be achieved.
C) Statement that the accountant's responsibility to update the report is limited to one year.
D) Disclaimer of opinion on the reliability of the entity's internal controls.