Which of the Following Is a Primary Reason Why an Interview

question 11

Multiple Choice

Which of the following is a primary reason why an interview is a favored evidence-gathering tool of forensic accountants?

• A) It reduces the work to be performed.
• B) It saves time as it does not require a lot of planning.
• C) It is a cost effective means of collecting data.
• D) It is a direct means of obtaining information.

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Definitions:

Twin Deficits

The situation where a country has both a fiscal deficit (government spending exceeds revenue) and a current account deficit (imports exceed exports).

Interest Rates

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

U.S. Trade Deficits

occur when the total value of goods and services the United States imports exceeds the value of what it exports.

Government Bonds

Securities issued by a government to raise funds from the public to finance its expenditure.