Question: A practitioner reporting on pro forma financial information does not possess an understanding of the client ' s business and the industry in which the

A practitioner reporting on pro forma financial information does not possess an understanding of theclient's business and the industry in which the client operates. The practitioner should take which of the following actions?
A.
Issue a disclaimer, because the scope of work was not sufficient to express an opinion.
B.
Review industry trade journals.
C.
Refer a substantial portion of the audit to another CPA who will act as the principal practitioner.
D.
Perform ratio analysis of the financial data of comparable prior periods.

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