Choice "D" is correct. This statement would be included in an agreed-upon procedures report, not an examination report.
Choice "b" is incorrect. The report would include an opinion that the projection is presented in conformity with AICPA guidelines.
Choice "c" is incorrect. The report would include a statement that the report is intended solely for the information and use of specified parties.
Choice "a" is incorrect. The report would include an opinion that the underlying assumptions provide a reasonable basis for the projection.
