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Cadish Cadish
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Posts: 694
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6 years ago
ABC Company is considering three different alternatives with respect to expansion. To assist with the decision process, the company has requested PA to perform simulations and prepare prospective financial information using several sets of assumptions. Some of these assumptions are likely, while others are less likely. What type of information is being prepared? A(n)
A) forecast.
B) projection.
C) prospective financial statement.
D) prospectus.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
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charleshardtcharleshardt
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6 years ago
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Cadish Author
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Smart ... Thanks!
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Just got PERFECT on my quiz
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Helped a lot
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