Item2 Item 2 When a CPA firm examines projected financial statements, the firm's report should include a
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Item2 Item 2 When a CPA firm examines projected financial statements, the firm's report should include a separate paragraph that: Multiple Choice Limits distribution of the projections to specified users. States that the CPA firm is responsible for the opinion presented for only a specified amount of time. Provides an explanation of the difference between an audit and an examination. Disclaims an opinion on whether the assumptions listed provide a reasonable basis for the projection.
Related Book For
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany
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