Which of the Following Statements Is True About Authentication of Evidence

question 47

Multiple Choice

Which of the following statements is true about authentication of evidence?

• A) Laying a foundation of real evidence requires authentication of the evidence.
• B) Authentication involves demonstrating that the evidence is what it claims to be.
• C) The burden of authentication lies on the party offering the item of evidence.
• D) All of the above are true statements.

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Definitions:

Unrecognized Net Gain Or Loss

Refers to gains or losses that have been incurred but are not reported in the financial statements because they are unrealized.

Vested Benefits

Employee benefits, such as pension plans or stock options, that one has earned the right to receive and cannot be forfeited.

Accrual Concept

An accounting methodology that records revenues and expenses when they are incurred, regardless of cash flow.

Intangible Asset

An asset that lacks physical substance and represents potential future benefits; examples include patents, trademarks, and goodwill.