Question: An accountants compilation report on a financial forecast should include a statement that the a. Compilation does not include evaluation of the support of the

An accountant’s compilation report on a financial forecast should include a statement that the

a. Compilation does not include evaluation of the support of the assumptions underlying the forecast.

b. Hypothetical assumptions used in the forecast are reasonable.

c. Range of assumptions selected is one in which one end of the range is less likely to occur than the other.

d. Prospective statements are limited to presenting, in the form of a forecast, information that is the accountant’s representation.

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