Prospective financial statements are for general use or for limited use.General use refers to use by any third party, whereas limited use refers to use by third parties with which the responsible party is negotiating directly.Which of the following statements is not correct?
A) Forecasts can be provided for general use.
B) Forecasts can be provided for limited use.
C) Projections can be provided for general use.
D) Projections can be provided for limited use.
Correct Answer:
Verified
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