Which of the Following Statements Is False Regarding Forensic Accounting

question 47

Multiple Choice

Which of the following statements is false regarding forensic accounting?

• A) Forensic accounting builds support for legal action against the person committing the fraud by identifying the fraud, calculating the damages caused by the fraud, and building both factual and testimonial evidence of the fraud.
• B) Forensic accountants rely on sampling of fraud-related documents to accurately measure the cost of the fraud.
• C) One aspect of forensic accounting focuses on identifying the person who has perpetrated the fraud and having that person confess to the fraud.
• D) Interviewing is one of the most important forensic accounting skills.

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Definitions:

Guidance Counselor

A professional who provides students with academic, career, and personal/social advice and guidance.

Virtual Conferences

Online events that bring individuals together through digital platforms for discussion, presentations, and networking.

Litigation

Litigation is the process of taking legal action or resolving disputes through the court system.

Student Files

Official records maintained by educational institutions containing personal and academic information about students.