An Employee Has Been Charged with Fraud and Is Suspected

question 109

Multiple Choice

An employee has been charged with fraud and is suspected of using corporate assets. As authorities collect evidence, and to preserve the admissibility of the evidence, which of the following forensic techniques should be used?

• A) Order of volatility
• B) Data recovery
• C) Chain of custody
• D) Non-repudiation

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Definitions:

Average Total Cost

The total cost divided by the number of units produced, calculating the cost on a per-unit basis.

Profit-maximizing

Profit-maximizing refers to strategies or behaviors undertaken by firms aiming to achieve the highest possible profit from their operations.

Economic Profit

The differential tally between gross receipts and total obligations, including costs both acknowledged and undeclared.

Average Variable Cost

The total variable cost per unit of output, calculated by dividing total variable costs by the quantity of output.