Compare the Definitions of Reasonable Suspicion and Probable Cause

question 4

Essay

Compare the definitions of reasonable suspicion and probable cause. What two interests does probable cause balance? ​

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Definitions:

Conclusions

The final part of a document or process in which findings, decisions, or proposals are summarized or resolved.

Conceptual Framework

A set of theoretical principles and concepts that underpin and guide the standards, rules, and procedures of accounting and financial reporting.

Recognise

The accounting process of officially recording an item or transaction in the financial statements.