What is meant by a financial forecast under Statement on Standards for Attestation Engagements No. I, "Attestation Standards" (AT Section 200, entitled "Financial Forecasts and Projections")?

a. A prospective financial statement that predicts an entity's expected financial position, results of operations, and cash flows.

b. A prospective financial statement that presents an entity's expected financial position, results of operations, and cash flows.

c. A prospective financial statement that presents an entity's expected financial position, results of operations, and cash flows based on one or more hypothetical assumptions.

d. A prospective financial statement that predicts an entity's expected financial position, results of operations, and cash flows based on one or more hypothetical assumptions.

Choose the correct answer.