When a CPA is associated with a forecast,all of the following should be disclosed except the:
A)Sources of information.
B)Character of the work performed by the CPA.
C)Major assumptions in the preparation of the forecast.
D)Probability of achieving estimates.

Question

Quizplus · Accepted Answer

The probability of achieving estimates is not required to be disclosed as part of the CPA's association with a forecast. However, the sources of information, character of the work performed, and major assumptions should be disclosed in order to provide transparency and understanding of the basis for the forecast.

When a CPA Is Associated with a Forecast,all of the Following