Question: Select from the option list provided the answer choice that best fits the type of engagement described in relation to the financial forecasts and projections

Select from the option list provided the answer choice that best fits the type of engagement described in relation to the financial forecasts and projections below. Each choice may be used once, more than once, or not at all. Description Type of engagement 1. The report for this engagement states that its use may not be suitable for any other purpose. 2. This type of engagement involves issuing a report stating whether a prospective financial statement is a reasonable basis for the forecast or the projection given hypothetical assumptions. 3. This type of engagement cannot be performed with respect to prospective financial statements. 4. This type of engagement can only be performed if the engaging party has acknowledged that the procedures are appropriate. 5. The report of this type of engagement should state the practitioner's opinion on whether the projective financial statements conform with AICPA guidelines. 6. The report on only this type of engagement for a financial forecast is appropriate for general use. 7. A disclaimer of both an opinion and a conclusion is included in the report for this engagement

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