An Examination of a Financial Forecast Is a Professional Service

Multiple Choice

An examination of a financial forecast is a professional service that involves

A) Compiling or assembling a financial forecast that is based on management's assumptions.
B) Limiting the distribution of the accountant's report to management and the board of directors.
C) Assuming responsibility to update management on key events for one year after the report's date.
D) Evaluating the preparation of a financial forecast and the support underlying management's assumptions.