Prospective financial information that reflects the results assuming the occurrence of one or more hypothetical events is
Question:
Prospective financial information that reflects the results assuming the occurrence of one or more hypothetical events is referred to as a
a. Financial estimate.
b. Financial forecast.
c. Financial projection.
d. Pro forma financial information.
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The correct answer is c Financial projection Financial projection refers to prospective financial in...View the full answer
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Related Book For
Auditing & Assurance Services
ISBN: 978-1260703733
8th Edition
Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau
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