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Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 2
Which of the following statements concerning prospective financial statements is correct?
A) Only a financial forecast would normally be appropriate for limited use.
B) Only a financial projection would normally be appropriate for general use.
C) Any type of prospective financial statement would normally be appropriate for limited use.
D) Any type of prospective financial statement would normally be appropriate for general use.
A) Only a financial forecast would normally be appropriate for limited use.
B) Only a financial projection would normally be appropriate for general use.
C) Any type of prospective financial statement would normally be appropriate for limited use.
D) Any type of prospective financial statement would normally be appropriate for general use.
Explanation
Verified
Verified
Justification :
There are two types of p...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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