In the Legal Briefcase Box Discussion About Accounting Fraud,it Was

question 195

Multiple Choice

In the Legal Briefcase box discussion about accounting fraud,it was concluded that:

• A)The field of forensic accounting has almost diminished as a specialized field of accounting due to new laws such as the Dodd-Frank Act.
• B)Forensic accountants are reporting that fraudulent acts such as inflating revenues continue to rise,even with new regulations.
• C)Ponzi schemes are difficult to detect,even with trained forensic accountants.
• D)Colleges and universities are way behind in their recognition of forensic accounting as an important specialized field of accounting.