How Are the Professional Fees Typically Billed During an Investigation

question 23

Multiple Choice

How are the professional fees typically billed during an investigation?

• A) Weekly
• B) As a percentage of potential fraud prevented.
• C) When there has been an arrest.
• D) Monthly

---

Definitions:

Fair Value

The asset's selling rate or the price required to manage a liability in a procedural transaction between participants in the market during the specified measurement interval.

Common Stock

A type of equity security that represents ownership in a corporation, with holders typically having voting rights and dividend receiving potential.

Par Value

The face value of a bond or stock as stated by the issuing company, which is not indicative of its market value.

Consideration Transferred

The total amount of assets, liabilities, or equity given by an acquiring firm to obtain control of an acquired firm during a merger or acquisition.