Chain of Custody Enables Anyone to Determine Where a Piece

question 15

True/False

Chain of custody enables anyone to determine where a piece of evidence has been, who handled it when, and what was done to it since it was seized.

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Definitions:

Year-End Costs

Expenses or costs incurred by a business at the end of the fiscal year; these may include adjustments, accruals, and prep for financial reporting.

Inventory Cost Flow

An accounting method that determines the value of sold inventory and ending inventory, can be FIFO, LIFO, or Average Cost.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue. It represents the company's bottom line.