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When a Practitioner Examines Projected Financial Statements,the Practitioner's Report Should

Question 37

Multiple Choice

When a practitioner examines projected financial statements,the practitioner'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 a review.
C) States that the accountant is responsible for events and circumstances for a period not exceeding one year after the report's date.
D) Disclaims an opinion on whether the assumptions provide a reasonable basis for the projection.

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