2.5 poi When performing analytical procedures for their client, an auditor may develop expectations of financial statement accounts using management's forecasted financial statements for the year being audited. Which of the following describes the most significant problem with this approach? This approach assumes that companies change significantly over time. This information is not likely to be an easily accessible as financial information from other companies in the same industry. Forecasts may be based in part, on outdated financial Information from the prior year Forecasts we inherently uncertain and may be based