In an examination of prospective financial statements, which of the following would not require a revision of prospective financial information?
A)Mathematical errors.
B)Unreasonable or internally inconsistent assumptions.
C)Inappropriate or incomplete presentation.
D)All of the items listed may require a revision of prospective financial information.

Question

Quizplus · Accepted Answer

All of the items listed (mathematical errors, unreasonable or internally inconsistent assumptions, and inappropriate or incomplete presentation) are valid reasons that may require a revision of prospective financial information. These issues can significantly impact the accuracy and reliability of the financial projections.

In an Examination of Prospective Financial Statements, Which of the Following