Explain Some Considerations for Choosing the Appropriate Evidence-Gathering Technique

question 31

Essay

Explain some considerations for choosing the appropriate evidence-gathering technique.
To choose the appropriate technique, the forensic accountant should consider the following factors: the type of fraud believed to have been perpetrated; whether the fraud is ongoing; the extent of the fraud; the extent to which the investigation can be kept secret; the condition of the financial records, other source documents, and physical evidence; the sophistication of the suspect and whether collusion exists; the cost of applying a given method; the psychological and organizational impact of applying the given method; and the objectives of the investigation.

---

Definitions:

Puberty

The period during which adolescents reach sexual maturity and become capable of reproduction.

Endorphin Levels

The concentration of endorphins, which are natural, pain-relieving chemicals produced by the body, in one's bloodstream.

Afraid

A feeling of fear or anxiety about a possible or imminent situation or event.

Under Stress

Experiencing physical or emotional tension resulting from challenging or demanding circumstances.